37 Danny Kwan

Re as­sess­ing Fundrais­ing

Prestige (Malaysia) - - Hublot -

Hav­ing pre­vi­ously worked in a highly-in­sti­tu­tional is ed en­vi­ron­ment, Danny Kwan is de­lighted to have co-es­tab­lished his own bou­tique cor­po­rate ad­vi­sory firm, NewParadigm Cap­i­tal Mar­kets, with Cha­ran­jeev Singh in 2005. The new-found lib­er­a­tion ac­cords him the free­dom to tai­lor in­no­va­tive fi­nan­cial so­lu­tions ac­cord­ing to clients’ needs, be it “solv­ing com­plex strate­gic and fi­nan­cial is­sues on cap­i­tal rais­ing, fi­nanc­ing, re­cap­i­tal­i­sa­tion and re­struc­tur­ing, and merg­ers and ac­qui­si­tions,” he says.

One of their sukuk, or Is­lamic bonds, they struc­tured for SkyWorld Cap­i­tal was re­cently recog­nised as the best struc­tured fi­nance sukuk by The As­set Triple A Is­lamic Fi­nance Awards 2018. The award was the fourth of such deals to win recog­ni­tion by in­dus­try peers. The in­no­va­tive ar­range­ment al­lows the de­vel­oper to mon­e­tise fu­ture pay­ments to be re­ceived from projects that have been sold but not yet been com­pleted, thus al­le­vi­at­ing cash flow con­cerns. The na­ture of the syari­ah­com­pli­ant trans­ac­tion also means it is a “more bal­anced, re­spon­si­ble, dis­ci­plined and sus­tain­able way of fi­nanc­ing as com­pared to con­ven­tional fi­nanc­ing,” he ex­plains, be­fore adding “it also fits the philoso­phies of ESG (en­vi­ron­men­tal, so­cial and gov­er­nance)”.

Ac­cord­ing to him, the most re­ward­ing part of his job is be­ing able to solve com­plex strate­gic and fi­nan­cial is­sues as well as suc­cess­fully ex­e­cut­ing in­no­va­tive fi­nan­cial struc­tures and so­lu­tions that are recog­nised by es­tab­lish­ments within the fi­nan­cial fra­ter­nity both in­ter­na­tion­ally and lo­cally.

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