Huge turnout at ‘Invest Malaysia US’

November 6, 2013 Leave a comment

Huge turnout at ‘Invest Malaysia US’

Published: 2013/11/05

NEW YORK: The “Invest Malaysia US 2013” (IMUS 2013), which started here on Monday, attracted a large gathering of fund managers.

 

The roadshow, jointly organised by Malayan Banking Bhd (Maybank) and Bursa Malaysia, was launched by Minister in the Prime Minister’s Department Datuk Seri Abdul Wahid Omar. The roadshow will also be held in Boston and San Francisco until November 8.  Malaysian companies at IMUS 2013 include AirAsia X, Astro Malaysia, Bursa Malaysia, DiGi.com, Felda Global Ventures Holdings, IJM Corp, Malaysia Airports Holdings Bhd, Muhibbah Engineering, MyEG Services, SapuraKencana Petroleum, Sime Darby, UEM Sunrise, Yinson Holdings and Maybank group. A fund manager said China and India interested many fund managers in the past but now, they are looking at new capital markets and spreading the risk. 
“The Mumbai Stock Exchange, for example, may be doing a booming business but we need to look at other regions as well. Malaysia, as one of the key players in Asean, can be an interesting option.”

 

Bursa Malaysia chief executive officer Datuk Tajuddin Aran said the roadshow is the United States edition of Invest Malaysia Kuala Lumpur. 
“The event in New York is aimed at connecting Malaysia with fund managers in the US,” he said. 
The theme “Malaysia – Asean’s Marketplace” is chosen as a precursor to the expansion of Malaysian companies in Asean and the projected integration of the region into an Asean Economic Community in 2015. 
Tajuddin said Prime Minister Datuk Seri Najib Razak, during his September visit here, had engaged in a dialogue with 15 fund managers on investment opportunities in Malaysia, highlighting to them the factors fuelling the growth of Malaysia’s multinational companies. 
Maybank Group CEO and president Datuk Abdul Farid Alias said the 14 companies participating in IMUS 2013 are “among the most investable companies on Bursa Malaysia that have grown into leading regional players”. Bernama

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Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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