Hong Leong Capital Explained

Hong Leong Capital Berhad
Former Name:Zalik Berhad (1991-1995)
HLG Capital Berhad (1995-2010)
Type:Public limited company
Foundation:25 February 1991
Location:Level 30, Menara Hong Leong, No. 6, Jalan Damanlela, Bukit Damansara
Hq Location City:50490 Kuala Lumpur
Hq Location Country:Malaysia
Area Served:Malaysia
Parent:Hong Leong Financial Group
Subsid:
  • Hong Leong Investment Bank Berhad
  • Hong Leong Asset Management Berhad

Hong Leong Capital Berhad 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 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.[1]

Notes and References

  1. Web site: 2013-01-15 . HLFG to privatise HLCap at 1 times book . 2023-03-22 . The Edge Markets.