Ong Leong Huat Net Worth is$Million
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Type: Public company
Location: Kuala Lumpur, Malaysia
Key People: Dato’ Nik Mohamed Din Bin Datuk Nik Yusoff, Executive Chairman, Mr. Ong Leong Huat, Group Managing Director/Chief Executive Officer
Industry: Financial services
Products: Commercial banking, Islamic banking
Market Cap: RM895.5 million (30 September 2008)
Revenue: RM636.4 million (3Q 2008)
Net Income: RM119.3 million (3Q 2008)
Homepage: [ OSK Group website]
OSK Holdings Berhad (OSK) (MYX: 5053) is a public company listed on the Main Board of Bursa Malaysia Securities Berhad. Despite its public-listing status, it is 80.76% owned by individuals with the lion's share of it owned by its CEO Ong Leong Huat. After commencing business in 1963, the history of OSK has been characterised by four decades of positive growth with a reasonably sound track record despite several ownership changes. OSK has diversified away from its stockbroking business to include investment banking activities which is carried out under its investment bank subsidiary, OSK Investment Bank Berhad.
OSK offers stockbroking services, treasury products, corporate advisory, derivatives and structured products, offshore investment banking, asset management, trustee services, and Islamic banking services. It recently obtained a commercial banking licence in Cambodia and full fledged operations should begin soon barring unforeseen circumstances. OSK has been acknowledged as a cost-competitive financial services and investment banking service provider in Malaysia.
Its future remains relatively bright despite the current global economic downturn. A strategy based on conservatism and cost-leadership has not helped distinguish it from its peers but should ensure at least medium-term survival as the Malaysia continually liberalizes its financial market thereby unlocking pockets of growth and releasing benefits from low-hanging fruits.
OSK has over 50 offices across Malaysia and has a presence in the following countries:

In April 2008, Bank Negara approved OSKa??s plan to set up a commercial bank in Cambodia to undertake commercial banking activities. OSK Indochina Bank Ltd had on October 10, 2008 commenced commercial banking operations in Phnom Penh. The bank offers the full range of retail and commercial banking products and services as well as foreign exchange and capital market expertise.

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Ong Leong Huat Latest News

BRIEF-Osk Holdings redesignates Tan Sri Ong Leong Huat to executive chairman from CEO

* Redesignation of Tan Sri Ong Leong Huat to executive chairman from CEO * Dato Nik Mohamed Din Bin Datuk Nik Yusoff retires as non independent and non executive chairman * Redesignation of Ong Ju Yan to managing director from deputy managing director ...
Posted: April 19, 2017, 5:04 am

OSK may rationalise businesses after merger

KUALA LUMPUR: OSK Holdings Bhd (OSKH) whose shareholders approved its proposed acquisitions yesterday, may rationalise some of its businesses after the proposed merger, said its group managing director and CEO Tan Sri Ong Leong Huat. "Business will ...
Posted: July 6, 2015, 10:40 pm

Malaysia's OSK gets OK for massive Melbourne project

"It is our hope that Melbourne Square will be an important destination within the world's most liveable city," said OSK's chairman, Tan Sri Ong Leong Huat, in a statement. Cox Architecture worked with landscape architects Rush Wright Associates for the ...
Posted: February 20, 2017, 4:00 pm
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