PRESS RELEASE

Progress of the Consolidation of the Stockbroking Industry

Table 2: Stockbroking Companies With Less Than Three Merger Partners as at 31 December 2000*

Stockbroking Company

Partners

Status

  • Inter-Pacific Securities
  • UT Securities
  • Eng Securities
  • Hwang-DBS Securities (Johor Bahru) [formerly known as PJB-OUB Securities]
  • Announcement made
  • Related company of Inter-Pacific Securities
  • JF Apex Securities
  • Halim Securities
  • Converted into a Branch Office
  • Mayban Securities
  • Phileo Allied Securities
  • Proposal submitted for acquisition of shares and conversion into a Branch Office
  • CIMB Securities
  • Labuan Securities
  • Proposal submitted for acquisition of shares
  • Arab-Malaysian Securities
  • South Johor Securities
  • Approval granted for acquisition of shares and conversion into a Branch Office
  • HLG Securities
  • Borneo Securities
  • Announcement made
  • Affin-UOB Securities
  • Amsteel Securities
  • Announcement made
  • KAF-Seagroatt & Campbell
  • Mohaiyani Securities
  • Announcement made

BBMB Securities

 

No announcement made as at 31 December 2000

BIMB Securities

Fima Securities

Innosabah Securities

Jupiter Securities

M & A Securities

MIDF Sisma Securities

PB Securities

SBB Securities

Sime Securities

Smith Zain Securities

Thong & Kay Hian Securities

* Based on announcements made by the stockbroking companies and proposals that the SC has received from these parties, as at 31 December 2000.

 

 

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