Hong Leong Capital

Hong Leong Capital Berhad (myx: 5274) is an investment holding company listed on the Bursa Malaysia 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 conglomerate.

History

Privatization attempt

In January 2013, Hong Leong Capital's parent Hong Leong Financial Group attempted to privatize its 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.[2]

References

  1. Annual Report 2022 hlcap.com.my, retrieved 19 March 2022^
  2. HLFG to privatise HLCap at 1 times book The Edge Markets, 2013-01-15, retrieved 2023-03-22^