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Bank Islam to be first Islamic bank as IPO adviser

Posted on 07 January 2010

From Bernama: Bank Islam Malaysia Bhd is going to be the first Islamic bank to be appointed as adviser for the initial public offerings (IPOs) of two local companies.

Its director of corporate investment banking, Mashitah Osman, said on Wednesday that the bank had been given the mandate to be adviser for the IPOs involving the companies in the manufacturing and services industries…………………………………….Full Article: Source

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