KUALA LUMPUR, May 15 – CIMB Securities Sdn Bhd (“CIMB Securities” or “the Company”), a subsidiary of CIMB Investment Bank Berhad, announces its high single-digit growth target in market share by year-end, reinforcing its commitment to bolster the Malaysian capital markets. This strategic move is part of CIMB Group’s initiative to enhance its Wholesale Banking business by offering fully integrated stockbroking and equities services, aligning with the Government’s vision for a vibrant economic ecosystem.
Graced by YB Senator Datuk Seri Amir Hamzah Azizan, Finance Minister II, along with prominent figures including Datuk Mohd Nasir Ahmad, Chairman of CIMB Group, and Dato’ Abdul Rahman Ahmad, Group Chief Executive Officer of CIMB Group, the launch ceremony underscores CIMB Securities’ dedication to drive economic momentum. YB Senator Datuk Seri Amir Hamzah praised CIMB’s commitment, emphasizing its pivotal role in elevating Malaysia’s capital markets and attracting local and foreign investors.
With substantial block deals and secondary placements valued at nearly RM6.3 billion since its inception in February 2024, CIMB Securities solidifies its position as a market leader. Novan Amirudin, Co-Chief Executive Officer of Group Wholesale Banking at CIMB Group, highlighted the company’s phased approach, focusing initially on the wholesale market before expanding into the retail and wealth segment. CIMB Securities aims to foster partnerships regionally and internationally, leveraging technology and expertise to drive growth and provide tailored investment solutions for clients globally.
