KUALA LUMPUR: Maybank Investment Bank is bullish on the Malaysian corporate bonds issue market, saying it should again hit between RM80-RM85 billion in total market this year, as it did last year. The Malayan Banking Bhd's (Maybank) investment bank arm also sees a healthier IPO scene in the local bourse in 2017. Maybank IB Group CEO Datuk John Chong said this at the Invest ASEAN conference held here today. He explained that the bulk of the corporate bonds will go towards funding the infrastructure project around the country. Meanwhile, on the IPO side, Chong noted that there were fewer IPOs last year than in the previous year.

Source: New Strait Times February 08, 2017 09:33 UTC