Latest news with #CGSMalaysia
The Sun
23-07-2025
- Business
- The Sun
CGS launches Malaysia's first Islamic equity-linked structured investment products
PETALING JAYA: CGS International Securities Pte Ltd, through subsidiary CGS International Securities Malaysia Sdn Bhd, has introduced its latest Islamic structured investment offerings specifically designed for sophisticated investors in Malaysia. The newly launched products – the Islamic Equity Linked Investment Notes and the Islamic Autocallable Equity Structured Investment Notes – mark a significant milestone for CGS Malaysia, making it the first broker in the country to introduce Islamic equity-linked structured products. The move underscores the firm's commitment to developing innovative and market-relevant financial instruments. The launch comes at a strategic time, as CGS Malaysia deepens collaboration with policymakers and leverages its strong regional and China network to further position Malaysia as a competitive business and investment destination. According to CGS Malaysia deputy CEO Khairi Shahrin Arief Baki, the firm remains focused on delivering investment solutions that align with evolving market demands, particularly as more investors seek alternatives to conventional assets. 'Sophisticated investors are increasingly looking to diversify their portfolios at manageable risk levels while ensuring alignment with their personal values,' he said in a statement. 'With most of our capital market assets already syariah-compliant and expanding, we see tremendous opportunity to innovate and offer a wider range of investment products for sophisticated investors, regardless of individual beliefs.' He added that Malaysia's globally recognised leadership in Islamic finance – bolstered by a robust regulatory framework and decades of industry development – sets the stage for these new instruments to serve as trusted avenues for investors looking to enhance portfolio yields. The launch follows CGS Malaysia's introduction of its single-family office solution, aimed at high- and ultra-high-net-worth individuals seeking to establish a presence in the Johor-Singapore Special Economic Zone. This momentum reflects a growing investor preference for stability and values-driven investing within Asean, including syariah-compliant products and those aligned with environmental, social and governance principles. Both the Islamic Equity and the Islamic Autocallable Equity products offer structured exposure to syariah-compliant equities, tailored for sophisticated investors, including accredited investors, high-net-worth individuals, and corporate entities. These instruments offer the potential for regular, fixed profit payouts, with profit rates typically higher than those of traditional Islamic fixed deposits, alongside tailored payoff structures to suit various risk appetites and market outlooks. The Islamic Equity is a non-principal-protected, short-term product that delivers returns based on the price performance of a syariah-compliant reference instrument. The Islamic Autocallable Equity features a knock-in and knock-out structure, offering monthly profit payouts and a defined maturity of up to 12 months.
New Straits Times
10-06-2025
- Business
- New Straits Times
CGS Malaysia supports WCT's RM560mil listing of Paradigm Reit
KUALA LUMPUR: CGS International Securities Malaysia says it has completed its role as joint bookrunner and underwriter for Paradigm Real Estate Investment Trust's RM560 million initial public offering (IPO). Paradigm Reit's IPO, in conjuction with its listing on the Main Market of Bursa Malaysia, raised RM560 million in gross proceeds for its sponsor WCT Holdings Bhd. This marks the largest Malaysian Reit IPO in over a decade and represents one of the largest listings on the local bourse so far this year, CGS Malaysia said. The company said the IPO's 560 million units on offer were priced at RM1.00 per unit with an indicative distribution yield of 7.16 per cent in 2025. "Paradigm Reit saw positive institutional demand, with the full subscription of the institutional tranche of 426.59 million units, including reallocated units from the retail portion, amid challenging market conditions. "The completion of Paradigm Reit's IPO highlights the enduring quality of its RM2.4 billion portfolio of retail assets across key population centres in West Malaysia," it said. The assets are Bukit Tinggi Shopping Centre, Paradigm Mall Petaling Jaya and Paradigm Mall Johor Bahru. "The Reit's portfolio boasts full or near-full occupancy and a diversified tenant mix, combined with WCT's backing as its sponsor, serves as a solid foundation for the Reit's long-term performance," said Alan Inn, deputy chief executive officer of CGS Malaysia. "The success of Paradigm Reit's IPO underscores the resilience and depth of Malaysia's equity capital markets, and reaffirms our commitment to supporting corporate development and fundraising initiatives in Malaysia," he added.
