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The HwangDBS Group was incepted in 1973 as a stockbroking company with the incorporation of Southern Stock Brokers Sdn. It has grown from strength to strength over the years to become an investment bank and changed the name to HwangDBS Investment Bank Berhad. Following the disposal of HwangDBS Investment Bank Berhad in April 2014, the Group is now involved in properties investment activity as well as money lending business focusing on personal loans, credit financing, share financing and term loans to high net worth individuals and corporate clients.

Year Milestones
1973 The Group started with its primary subsidiary, now known as HwangDBS Investment Bank Berhad, as a stockbroker in Penang under the name of Southern Stock Brokers Sdn., which began operations in 1973 with a modest staff of 30 and a paid up capital of RM1.25 million.
 
December 1992 HwangDBS Investment Bank Berhad was corporatised and restructured to become a wholly owned subsidiary of Hwang-DBS (Malaysia) Berhad (HDBS). Two corporate entities namely Syarikat Pesaka Antah Sdn. Bhd., the investment arm of the Royal Family of Negeri Sembilan, and DBS Vickers Securities (Malaysia) Pte. Ltd., a subsidiary of DBS Bank Ltd (DBS Bank), Singapore was included as major shareholders of HDBS.
 
May 1996 Hwang-DBS (Malaysia) Berhad was listed on the Finance Sector of the Main Board of Bursa Malaysia Securities Berhad.
 
August 1998 HwangDBS Investment Bank Berhad created history in the Malaysian stockbroking industry when it became the first stockbroking company in Malaysia permitted to operate a branch office with the opening of Shah Alam Branch.
 
August 2001 HwangDBS Investment Bank Berhad was among one of the first stockbroking companies in Malaysia to receive the coveted Universal Broker status from the Securities Commission (SC) of Malaysia.
 
September 2001 HwangDBS Investment Management Berhad, the Group's flagship entity in the fund management industry, launched its first unit trust fund, the HwangDBS Select Opportunity Fund on 7 September 2001.
 
December 2006 HwangDBS Investment Bank Berhad received the good news from Bank Negara Malaysia and the SC that approval has been granted for the issuance of a full-fledged Merchant Bank licence, thus enabling it to transform from a Universal Broker to an Investment Bank.
 
January 2007 The transformation into an Investment Bank was completed on 31 January 2007 with the launching of HwangDBS Investment Bank Berhad by the former Deputy Minister of Finance, Dato' Dr. Ng Yen Yen. It consolidates the existing securities, equity capital markets and debt capital market services with a new Investment Banking platform such as wholesale deposit taking, inter-bank access, interest rate and currency management products, which enables it to offer a complete range of financial services.
 
April 2007 HwangDBS Investment Bank Berhad received confirmation of a long-term and short-term rating of A2/P1 from the Rating Agency of Malaysia (RAM). As a new entrant in the investment banking industry, the rating reaffirms its credibility and is a further recognition of its financial strength and stability. This rating was reaffirmed by RAM in 2008.
 
July 2008 The SC approved the Islamic fund management licence application by Asian Islamic Investment Management Sdn. Bhd. (AIIMAN), a joint-ownership Islamic Fund Management company between DBS Bank and Hwang-DBS (Malaysia) Berhad. This represents the Group's second investment management entity after the conventional entity, HwangDBS Investment Management Berhad.
 
January 2009 HwangDBS Investment Bank Berhad was ranked third in the Conventional Bonds Issue Count 2008 by the Malaysian Rating Corporation Berhad (MARC) at the 2008 Lead Managers award event.
 
January 2009 HwangDBS Investment Management Berhad received commendation from the Employees Provident Fund (EPF) Malaysia for its exceptional fund management performance. The award was based on HwangDBS Investment Management Berhad's outperformance of its peers over a cumulative three-year period (year ending 31 December 2008).
 
July 2009 The Group's first commercial bank, the HwangDBS Commercial Bank Plc opens its doors to business in Phnom Penh, Cambodia on the 23 July 2009. This represents another key milestone for Hwang-DBS (Malaysia) Berhad. This maiden foray into the commercial banking arena is done via the close working relationship with its long-standing partner, DBS Group and began when the National Bank of Cambodia granted an approval in principle on the 14 January 2009 and thereafter, issued the banking licence on 17 July 2009.
 
March 2014 The Company completed the sale of its commercial bank in Cambodia.
 
April 2014 The Company completed the sale of its investment banking and investment management businesses to Affin Holdings Berhad.
 



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