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MIDF’s newly formed investment bank, MIDF Amanah Investment Bank Berhad (MIDF Investment), is an integration of four companies within MIDF’s investment banking division namely Amanah Short Deposits Berhad, Malaysia Discounts Berhad, MIDF Sisma Securities Sdn. Bhd. and the former Utama Merchant Bank Berhad. MIDF Investment commenced operations as an IB on 3 January 2007 to combine the expertise of the four companies with long and successful history, to provide a whole range of investment-banking related activities, such as financial advisory, underwriting of equities and debt instruments, treasury activities, and equity-broking services. The IB is expected to contribute significantly to the MIDF Group’s overall profit in years to come.
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