Hong Leong Capital Berhad () is an
investment
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort.
In finance, the purpose of investing i ...
holding company listed on the
Bursa Malaysia
Bursa Malaysia is the stock exchange of Malaysia. It is one of the largest bourses in ASEAN. It is based in Kuala Lumpur and was previously known as the Kuala Lumpur Stock Exchange (KLSE). It provides a full integration of transactions, offeri ...
whereby its subsidiaries are involved in stock and share broking, acting as agent and nominee for clients, corporate advisory services, fund management, unit trusts, share financing, futures and options broking. It is part of the
Hong Leong Group
Hong Leong Financial Group Berhad () is a conglomerate based in Malaysia. Founded as a trading company in 1963 by Quek Leng Chan and Kwek Hong Png, the company controls 14 listed companies involved in the financial services, manufacturing, distri ...
conglomerate.
History
Privatization attempt
In January 2013, Hong Leong Capital's parent
Hong Leong Financial Group attempted to privatize it's investment banking arm for RM1.71 per share. However, the deal fell through by February 2013 as minority shareholders were not satisfied with the offer.
References
External links
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1991 establishments in Malaysia
Companies listed on Bursa Malaysia
Investment management companies of Malaysia
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