|
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
|
|
|
- UT Securities
- Eng Securities
- Hwang-DBS
Securities (Johor Bahru) [formerly known as PJB-OUB Securities]
|
- Announcement
made
- Related
company of Inter-Pacific Securities
|
|
|
|
- Converted
into a Branch Office
|
|
|
|
- Proposal
submitted for acquisition of shares and conversion into
a Branch Office
|
|
|
|
- Proposal
submitted for acquisition of shares
|
- Arab-Malaysian
Securities
|
|
- Approval
granted for acquisition of shares and conversion into a
Branch Office
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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.
|