KUALA LUMPUR, May 19 (Bernama) -- RAM Rating Services Berhad (RAM) has named Bank Pembangunan Malaysia Berhad (BPMB or Bank) as the winner for Blueprint Awards 2015 – Lead Managers’ Recognition for Project Finance Landmark Deal as Joint Lead Arranger/Manager for West Coast Expressway Sdn Bhd’s Guaranteed Sukuk Murabahah Programme of up to RM1,000 million.

West Coast Expressway Sdn Bhd is the concessionaire for the West Coast Expressway which links the west coast of Peninsular Malaysia from Banting, Selangor to Changkat Jering in Taiping, Perak and runs a total length of 315.8 km with 20 toll plazas and 21 interchanges.

Encik Mohammed Rafidz Ahmed Rasiddi, President and Group Managing Director of BPMB said "We are delighted and very proud that RAM has recognised and chosen to award BPMB for its involvement in West Coast Expressway Sdn Bhd's Guaranteed Sukuk Murabahah Programme. The award will encourage BPMB to continue actively participating in the development of the Malaysian debt capital market."
 
More information about BPMB, can be found on their site at www.bpmb.com.my

About BPMB

Bank Pembangunan Malaysia Berhad (BPMB) was incorporated on 28 November 1973 and began operation on 8 June 1974.  BPMB landed its first significant role in the development of the Malaysian economy by assisting entrepreneurs involved in small and medium-sized industries through the provision of various financing facilities, training and advisory services, particularly to the Bumiputera entrepreneurs.

BPMB achieved another milestone in December 1998 by providing financing to infrastructure projects, particularly Government-backed projects.  In early 2002, BPMB further enhanced its role as a development finance institution by offering corporate advisory and underwriting services to companies that were involved in the development of infrastructure projects.

Today, BPMB is mandated to provide medium to long term financing to the infrastructure, maritime, technology and oil & gas sectors.  Through its wholly-owned subsidiary Pembangunan Leasing Corporation Sdn. Bhd (PLC), BPMB also provides financing to small and medium-sized businesses including those involved in manufacturing, construction, supply, transportation,  agriculture, hospitality and information technology.  BPMB’s venture capital arm, Global Maritime Ventures Berhad (GMV) is the country’s principal equity venture capital provider in the maritime industry mandated to play a strategic role in the development of the national maritime business sector.

With a combined asset value of about RM30 billion, the BPMB group is well positioned to meet the financing and business development needs of Malaysian businesses in the priority sectors.

SOURCE : Bank Pembangunan Malaysia Berhad (BPMB)
 
FOR MORE INFORMATION, PLEASE CONTACT:
Group Corporate Communication
Tel: 03-2611 3132/3228
Fax: 03-2698 7976
 
Name : Abdul Hanif Abu Bakar
Email : abdulhanif@bpmb.com.my

Name : Lisda Abdul Moin
Email: lisda@bpmb.com.my

--BERNAMA