Public Listed Companies

Hwang-DBS (M) Berhad

Hwang-DBS (Malaysia)Berhad is one of the leading financial services group in Malaysia and is a public listed company in the Main Board of Bursa Malaysia. It provides services mainly in the financial services industry that include stockbroking, wholesale banking, sales and management of unit trust and institutional funds, derivatives trading and consumer financing.

The 2 major shareholders of Hwang-DBS is Dato Seri Hwang Sing Lue, the founding shareholder and DBS Bank Ltd, the largest bank in Singapore. The company began operations in 1973 in Penang when it was known as Southern Stock Brokers Sdn Bhd. It then had 30 employees with an RM1.25 million paid up capital. In December 1992, Southern Stock Brokers Sdn Bhd, which have since changed its name to HwangDBS Investment Bank Berhad became a wholly subsidiary of Hwang-DBS (Malaysia) Bhd. It was then listed in the Financial Sector of KLSE in 1996 and 2 years later became the first stockbroking company to be given approval to