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

10 years’ jail for man who fled S’pore after stabbing incident

and fellow Sio Ang Kun members Ong Chin Huat, Lim Hin Teck and William Ho. Lim complained about the victim, Leong Fook Weng, saying Leong owed him money. The five of them then drove over to a funeral wake at Upper Boon Keng Road that Leong was attending ...
Posted: April 10, 2018, 5:00 pm

OSK Investment Bank-RHB Capital merger to complete by the first quarter of 2013

director Tan Sri Ong Leong Huat said yesterday. He said the integration was expected to take up to six months to complete. “Currently, the proposed merger has received the approval from regulators in Malaysia, Cambodia and Thailand and is still awaiting ...
Posted: August 25, 2012, 5:00 am

Man jailed for fatal stabbing 16 years ago

On May 17, 2000, Leong’s body, clad only in underwear, was found bruised and bloodied at a vacant plot of land along Kheam Hock Road. The High Court heard Wednesday that See had been having supper with four friends – Robson Tay, Ong Chin Huat ...
Posted: April 19, 2016, 11:43 pm
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