| Year |
Milestones |
| April 1973 |
HwangDBS Investment Bank began operations in 1973 as a
stockbroker in Penang under the name of Hwang and Yusoff Securities
with a modest staff of 30 and a paid up capital of RM1.25
million.
|
| December 1992 |
HwangDBS Investment Bank was corporatised
and restructured to include two corporate shareholders namely
Syarikat Pesaka Antah, the investment arm of the Royal Family
of Negeri Sembilan, and DBS Securities Malaysia Pte. Ltd.,
a subsidiary of the DBS Bank Ltd, Singapore.
|
| August 1998 |
HwangDBS Investment Bank 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 our Shah Alam Branch.
|
| August 2001 |
HwangDBS Investment Bank was among one
of the first stockbroking companies in Malaysia to receive
the coveted Universal Broker status from the Securities Commission
(SC) of Malaysia.
|
| December 2006 |
HwangDBS Investment Bank received the good news from Bank
Negara Malaysia (BNM) 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 with the launch of HwangDBS Investment
Bank by the former Deputy Minister of Finance, Datuk 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 interbank access, interest rate and
currency management products and corporate banking, which
enables it to offer a complete range of financial services.
|
| April 2007 |
HwangDBS Investment Bank 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.
|
| 2008 |
HwangDBS Investment Bank is currently a business
with a strong staff force of 642, over 650 remisiers
and shareholders’ equity breached RM750 million.
|
| September 2008 |
RAM Ratings has reaffirmed HwangDBS Investment Bank's A2/P1
financial institution ratings respectively. The ratings
are premised upon the bank's strong franchise in the stockbroking
industry, sound risk-management framework, healthy funding and
liquidity positions, as well as strong capitalisation.
|
| 2009 |
HwangDBS Investment Bank was ranked third in the
Conventional Bonds Issue Count 2008 by the Malaysian Rating Corporation
Berhad (MARC) at the 2008 Lead Managers award event.
|
| August 2009 |
RAM Ratings has reaffirmed HwangDBS Investment Bank's long term
and short-term financial institution ratings at A2/P1, respectively. The ratings
reflect HwangDBS Investment Bank's established market position and strong franchise
in the stockbroking industry.
|