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

OSK Holdings to merge OSK Property, PJD and diversify into property and hospitality

OSK Holdings announced late yesterday that the group plans to acquire 177.64 million RM1.00 shares, or a 73.65% stake in OSKP, from its managing director and CEO Tan Sri Ong Leong Huat , Land Management Sdn Bhd and parties acting in concert, for RM355.29 ...
Posted: October 15, 2014, 10:36 pm

OSK Property sees higher earnings

You’re hired: (From left) OSK Property Holdings Bhd director Ong Ju Xing, executive director Tan Sri Ong Leong Huat, executive chairman Datuk Nik Mohamed Din, Embassy of the People’s Republic of China in Malaysia economic counsellor Xuan Guoxing ...
Posted: July 6, 2012, 5:00 pm

RHB Asset wants to be outstanding regional fund house

is that of Eliza Ong Yin Suen (pic), the daughter of seasoned stockbroker Tan Sri Ong Leong Huat@Wong Joo Hwa. Eliza became the managing director and regional head of RHB Asset following the merger between RHB Investment Bank Bhd and OSK Investment Bank ...
Posted: April 29, 2016, 3:41 pm
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