Hwang Capital (Malaysia) Berhad ("Hwang" or "Company") started as a stockbroker in Penang and evolved into an integrated financial services group in Malaysia providing a wide range of products and services namely stockbroking, wholesale banking, sales and management of unit trust and institutional funds, derivatives trading and consumer financing. It also operates a commercial bank in Cambodia.
On 27 March 2014, the Company obtained its shareholders' approval for the disposal of its investment banking and investment management subsidiaries to Affin Holdings Berhad. The disposal was completed on 7 April 2014. In line with its objective of exiting the banking industry, the Company has also disposed the commercial bank in Cambodia on 17 March 2014.
Moving forward, we will continue to build and expand our remaining business in money lending. We will also continue to manage our properties investment division. Our mission is to continually improve our products and services to meet our customer needs and provide reasonable returns to our shareholders.
Hwang is backed by two major shareholders namely Singapore's largest bank, DBS Bank Limited and the family of the late Dato' Seri Hwang Sing Lue, the founding shareholder.