Spartan Ives Capital’s Post

Baker McKenzie has advised the joint lead managers, comprising Bangkok Bank Public Company Limited, Bank of Ayudhya Public Company Limited, Krung Thai Bank Public Company Limited, and Standard Chartered Bank (Thai) Public Company Limited, on the successful offering of Thailand's inaugural issuance of up to THB 30 billion sustainability-linked bonds (SLBs). This 15-year bond links interest rate adjustments to Thailand’s environmental goals, marking a significant step in sustainable finance. The cross-border Baker McKenzie team is led by Partner Kowit Adireksombat (Bangkok) and Principal Ashok Lalwani (Singapore), supported by Senior Associate Sakares Khamwalee (Bangkok). Read more: https://lnkd.in/gDDHVeRX #sustainablefinance #sustainabilitylinkedbond #bakermckenzie

Presenting the largest Malaysian public companies by market capitalization as of 8 November 2024 This list features the top players, including several Shariah-compliant options, showcasing their market caps, revenue, and PE ratios. It’s encouraging to see strong representation of Shariah finance among Malaysia’s leading corporations. For Shariah-compliant solutions and business support, reach out to us at elzarshariah.com or +60 11-2067 7990. #MalaysiaTopCompanies #ShariahCompliantInvesting #EthicalFinance”

Presenting Malaysia’s largest companies by market capitalization as of 8 November 2024. At the top of the list, Malayan Banking Berhad (Maybank) leads with a market cap of RM126.7 billion. However, when comparing the PE ratio across these companies, Maybank’s PE ratio appears relatively modest compared to some others, despite its substantial market presence and revenue. This may indicate a more conservative valuation or potentially higher earnings relative to its market price. Consider the revenue of Maybank in relation to its market capitalization, especially when compared to other companies with smaller revenues but similar PE or even higher market caps. Several companies in this list, such as Tenaga Nasional, IHH Healthcare, and MISC Berhad, also hold Shariah-compliant status, making them attractive choices for investors seeking ethical investment options. For Shariah-compliant business solutions and technology, connect with us at elzarshariah.com or +60 11-2067 7990. #MalaysiaTopCompanies #ShariahCompliantInvesting #EthicalInvestments

I had an enriching discussion with Lian Chuan Yeoh , Partner and Monique Koh, Senior Associate, from Withers KhattarWong LLP during my recent trip to Singapore. Our conversation covered critical topics, including family offices, tax exemptions for funded entities, and the evolving landscape of wealth structures. We also explored the rules, regulations, and incentives shaping the future of wealth management. These insights are essential as QFC continues to innovate and provide robust wealth solutions for the Middle East market. I look forward to leveraging this knowledge to drive impactful collaborations moving forward.   #WealthManagement #FamilyOffices #TaxExemptions #WealthStructures #Regulations #Incentives #QFC #WithersKhattarWong #BusinessExpansion #AsiaOutreach #Trust #HNI #UHNI

Family-owned business groups in Southeast Asia, such as the Thai Summit Group, IOI Malaysia and Indonesia's Salim Group, are adopting different strategies as they seek to preserve wealth while preparing to hand the reins to the next generation. https://lnkd.in/g9hY6TWa

🌍 Malaysia's Untapped Potential in ASEAN Family Office Space: Islamic Wealth Management 🌍 I recently explored how Malaysia is positioning itself as a leader in the growing ASEAN family office market, leveraging its expertise in Islamic wealth management and Shariah-compliant financial services. In an exclusive interview with Maybank Group Wealth Management head, Alice Tan, we delved into Malaysia’s potential to provide ultra-high-net-worth individuals (UHNWIs) with integrated personal and business solutions across ASEAN. With lower operational costs and proximity to Singapore, Malaysia offers unique advantages for UHNWIs looking to diversify across the region. As the family office trend rapidly expands globally, this is an area Malaysia can explore, capitalizing on the emerging demand for ethical and Shariah-compliant asset management. UOB Kay Hian’s Mohd Sedek J. added that while Malaysia has strong foundations, there’s more to be done in terms of regulatory frameworks and expanding financial products to meet the needs of UHNWIs. Collaborating with Singapore’s established wealth management hub and introducing tailored tax incentives will be key to Malaysia’s success. The potential is enormous, but targeted strategies in regulation, taxation, and talent development will be crucial as Malaysia seeks to rise in this competitive space. Read more insights in my full article: https://lnkd.in/g5eyvS_A #IslamicFinance #WealthManagement #ASEAN #UHNWIs #FamilyOffice #Malaysia #Singapore #BusinessExpansion #EmergingTrends #Bernama

An open letter and constructive collaborative suggestions to work together with HRD Corp for solutions:- 1. Loud hugely expensive marketing branding/rebranding exercise has to stop. These non-value adding activities in showcasing "Who is HRD Corp"; and "How HRD Corp is helping" in training and skilling are non-value adding to the Employers and Employees. This wrong messaging and mis-aligning optics clarity in actual real purpose of training skilling to improve Malaysians achieve better outcome. Need correction/re-alignment to focus on "When" and "Where" the training and skilling need to be prioritised and emphasized upon. It must be agreed that HRD Corp is all about Employers and Employees - not about HRD Corp. The buying experience and customer experience refer to Employers and Employees; not about what HRD Corp is selling as training skilling is not about selling a product/service just because the money is in your custody. HRD Corp's existence and success rely solely and exclusively with Employers and Employees' growth and success. 2. "When" messaging = timing of outcome/results from the training skilling needs to be ascertained as Employers and Employees need the skilling impact outcome now (immediately after training skilling is done). Need to match outcome required by Employers with the right training skills identified for the right matching talents and learning journey with the right Employees. And subsequently, a tracking metrics for each Employee participant to ensure continuous improvement and skilling empowerment as part of Employees' growth transformation and learning journey. 3. "Where" messaging = training skilling transformation need to be engaged by HRD Corp with Employers at the Employers' site location and not at the comfort of HRD Corp offices. By not present on-site to engage with Employers (and its Employees), how will HRD Corp understand and aware on the analytics of the limitations, weaknesses, problem statements and requirements for HRD Corp to help solve skilling problems as every Employer (and Employee) has its own unique and different prioritisation needs? 4. Sustainability - putting this into ESG initiatives:- a) Environment = training skilling eco-system is currently damaged and hurting due to broken processes by HRD Corp with talent and employment poverty and displacement; employer-employee health wellbeing risks; increasing drought in talent with skills-jobs mis-match; severe storms in wastage of resources, time, efforts and funds in training skilling. b) Social = HRD Corp needs to ensure best practice rhetorics and fair treatment with inclusivity for all training partners without prejudice or favouritism or cronism. c) Governance = HRD Corp needs to practise simplicity, clarity, consistency and transparent guidance, accreditation and approving process, as well as any possible and probable malpractices "Human Resource Development funds by the people, for the people and empowering the people" - quote by MK Choong

Navigating Malaysia’s Financial Sector in 2024 Malaysia’s financial industry continues to thrive, driven by the Financial Sector Blueprint 2022-2026. This strategic plan by Bank Negara Malaysia focuses on economic transformation, digitalization, and sustainability. With a high bank account penetration rate of 92%, the sector supports both households and businesses. Malaysia’s leadership in Islamic finance and value-based finance further cements its global financial hub status. The Future Skills Framework (FSF) ensures the workforce remains adaptable and future-ready. As we embrace innovation and inclusivity, Malaysia’s financial sector is poised for continued success. #Finance #Malaysia #Innovation #Sustainability

The Forest City Special Financial Zone (FCSFZ) in #Johor state of Malaysia is poised to see exciting developments, boosted by government incentives announced last week. These include: ➡️ Zero tax rate for family offices, from 1Q 2025. ➡️ 0% - 5% corporate tax rate. ➡️ 5% tax rate for fintechs and Global Business Service providers. ➡️ 15% flat income tax rate for knowledge workers. Maybank Investment Bank research is positive and expects the birth of a financial hub in the South of Malaysia: ✅ Property developers like Eco World Development Group Berhad, S P Setia, Sunway Group and UEM Sunrise Berhad will benefit from the spillover of rising investments and job opportunities over the longer term. ✅ FCSFZ has the potential to attract family funds seeking more affordable alternatives outside of Singapore. ✅ The final alignment of the KL-Singapore High Speed Rail could include a stop in Forest City. Forest City is located in Tanjung Kupang, comprising four man-made islands. For our projections, download our research report from Maybank Trade MY app. Image: Forest City #ForestCitySpecialFinancialZone #JohorSingaporeSpecialEconomicZone #MIBGresearch

Exciting opportunities for global investors! The Securities Commission Malaysia introduces a new Family Office incentive scheme with 0% tax benefits for offices set up in the Forest City Special Financial Zone. Learn more about the eligibility criteria and how this initiative enhances Malaysia’s wealth management landscape. #FamilyOffice #InvestmentIncentives #ForestCity #WealthManagement