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Credit Suisse named Best Foreign Investment Bank in Malaysia for the fourth consecutive year by The Asset

We are pleased to announce that Credit Suisse has been named Best Foreign Investment Bank and Best M&A House in Malaysia in The Asset magazine’s Triple A Country Awards for 2014.

This is the fourth consecutive year Credit Suisse has received the Best Foreign Investment Bank in Malaysia accolade from The Asset, a leading industry business publication in Asia Pacific. This marks a continuation of an excellent track record in Malaysia.

Edwin Low, Co-Head of Southeast Asia Investment Banking, said: “This award complements Credit Suisse’s philosophy in cultivating long term relationships with Malaysian corporates as well as complementing and not competing with the domestic investment banking partners. We thrive to strengthen the bank’s reputation as the ‘first-call’ foreign investment bank of choice in Malaysia.”

In the period under review, Credit Suisse executed a number of landmark transactions across mergers and acquisition and equity issuances in Malaysia. In M&A, it advised on Affin Holdings’ US$410 million acquisition of the investment banking, asset management and futures business of Hwang-DBS (Malaysia), transforming Affin’s investment banking franchise by creating a top two brokerage house in Malaysia in terms of trading value and volume. Credit Suisse is also currently advising RHB Capital on the proposed merger of RHB, CIMB and Malaysia Building Society Berhad. Upon regulatory approval, the merger will create the largest bank in Malaysia and fourth largest bank in Southeast Asia by total assets.

In equity capital markets, Credit Suisse acted as joint global coordinator for the US$359 million IPO for Boustead Plantations and the US$339 million IPO for Icon Offshores in June 2014. It also acted as a joint bookrunner on the US$1.1 billion primary share placement for CIMB in January 2014.

Jefferi Hashim, Head of Malaysia Coverage in Investment Banking, said: "We put strong emphasis on investing in a high caliber local team and hope to continue this commitment to the Malaysian franchise given this success and support from our clients and local partners. We are especially pleased to win the awards as it underlines our proven ability to fulfil clients' objectives across the spectrum of investment banking and capital market services."

Credit Suisse is a leading player in Southeast Asia as the region forms a critical part of the bank’s Asia Pacific business strategy. Apart from The Asset, it has also won Best Foreign Investment Bank in Malaysia for the first time in FinanceAsia’s Country Awards Achievements in July 2014.

Other house awards Credit Suisse has won across the region in The Asset’s Triple A Country Awards 2014 include Best Equity House in Indonesia, first time winner of Best Foreign Investment Bank in Philippines and Pakistan, Best Foreign Investment Bank and Best M&A House in Singapore, Best Foreign Investment Bank in Vietnam and Best M&A House and Best Brokerage House in Korea.