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Assalamualaikum warahmatullahi wabarakatuh, and a very good morning.
Yang Amat Berhormat
Dato' Sri Najib Tun Abdul Razak
Prime Minister of Malaysia
Yang Berhormat Dato’ Haji Ahmad Husni Mohamed Hanadzlah, Minister of Finance II
The Honourable Ministers
Yang Berbahagia Dato’ Ranjit Ajit Singh,
Executive Chairman,
Securities Commission Malaysia
Board Members of Bursa Malaysia
Yang Berbahagia Tan Sri-Tan Sri, Datuk Seri-Datuk Seri, Datuk-Datuk
Distinguished guests
Members of the media
Ladies and gentlemen
It is with great honour, that we welcome our esteemed Prime Minister, Yang Amat Berhormat, Dato’ Sri Mohd Najib Tun Abdul Razak, on this sig-ni-fi-cant occasion, which is, to officiate the launch of a new asset class on Bursa Malaysia, with the issuance of the Exchange Traded Bonds and Sukuk (ETBS) by Dana-Infra Nasional Berhad.
Ladies and Gentlemen,
Markets have evolved from an opaque to an exchange traded environment, thus, it is a natural evolution that Malaysia has chosen to allow Bond and Sukuk to be traded on the Exchange. On this note, Bursa Malaysia is privy-leged to have worked with Bank Negara Malaysia and Securities Commission Malaysia, in concept-tua-lising and facilitating the creation of this new asset class.
We are indeed pleased, to have the market drivers or issuers, in this case, Dana-Infra Nasional Berhad for leading the way in introducing new and inno-vative market instruments, and, for their confidence in our marketplace.
We would like to commend AmInvestment Bank, CIMB Investment Bank, Maybank Investment Bank and RHB Group - the Participating
Financial Institutions - responsible for the introduction of the new Exchange Traded Bonds and Sukuk (ETBS), as underwriters or lead arrangers – thus, ensuring a successful listing.
Ladies and Gentlemen,
Having faci-li-tated three of the world’s largest IPOs, 2012 was a strong year for Bursa Malaysia as the fourth leading capital raising venue by country, after United States, China and Japan. We have a market to be proud of. Our Public Listed Companies are growing from a domestic market to a regional market and beyond. Malaysia is doing more to reinvigorate our marketplace.
With the ETBS launch, Bursa Malaysia will be able to provide, not just AN additional product, but, a UNIQUE investment grade instrument to the investment community.
In 2012, Malaysia was home to 70% of the world’s out-standing Sukuk issuance. The launch of the ETBS, thus, puts Bursa Malaysia on the right trajectory to become a leading Sukuk marketplace. Thus, with the introduction of this new asset class today, we are set to be the Leader of the World’s Exchange Traded Sukuk.
Ladies and Gentlemen,
We are confident that the ETBS will mark the start of many new firsts in encouraging more issuers, and more collaboration, within our marketplace - to bring greater inno-va-tive investment products to the Exchange.
With the launch today, by our Honourable Prime Minister, it is a clear endorsement of the efforts, of our capital market drivers, as well as Bursa Malaysia, to create, and faci-li-tate more tradable alternatives to spur a vibrant marketplace. InsyaAllah.
