Paconline

Paconline

Berjaya Securities Sdn Bhd was incorporated on 30 August 1972 as Malayan Traders & Co. Sendirian before adopting its current name in September 2025. It operates as a wholly owned subsidiary of Berjaya IPS Equity Sdn Bhd, which sits under the publicly traded Berjaya Corporation Berhad. The brokerage holds a Capital Markets Services licence and is a Participating Organisation of Bursa Malaysia Securities and a Trading Participant of Bursa Malaysia Derivatives. Its board includes directors with deep ties to tax policy and fund management: Dato' Haji Abd Aziz Bin Abu Bakar is President of the Malaysian Association of Tax Accountants, and Abdul Halim Bin Haji Noordin is a former fund manager who ran a USD45 million Malaysian Growth Fund at Aminvestment Bank. The firm's product set spans share trading, share margin financing, derivatives trading, and a dedicated Islamic stockbroking window that filters for Shariah-compliant securities and structures. Its online platform, Paconline, includes the iPacOnline mobile application — refreshed with a new version launched in May 2026 — and supports foreign shares trading across recognised exchanges. An affiliated research unit, Berjaya Research Sdn Bhd, supplies equity analysis for retail and institutional investors, led by Head of Research Kenneth Leong Chee Kin, who joined in 2025 from Apex Securities. The operations cover named branch offices in Danau Desa, Bandar Baru Sri Petaling, Johor Bahru, Penang, Plaza Zurich, and Jelutong. Berjaya Securities reported a paid-up capital of RM250 million and audited shareholders' funds of RM304 million as of 30 June 2025. The firm employs a combined headcount of roughly 400 staff, dealers, and remisiers across its principal Kuala Lumpur office and six branches. In June 2025, it implemented mandatory two-factor authentication for all client logins, signalling a tightening of retail trading security. The firm's leadership structure blends executive directors like Lee Teng Teng, who runs operations, with the chairman role held by Tunku Aminah, who also chairs Berjaya Corporation, REDtone Digital, Berjaya Assets, Berjaya Capital, and Berjaya Hartanah. What sets Berjaya Securities apart from a typical regional brokerage is its governance architecture: the chairman is a member of the Johor royal family who simultaneously chairs the listed parent conglomerate and holds a KFC franchise in Johor Bahru. This direct line from the boardroom of a Bursa-listed group to the floor of a participating broker creates a governance concentration unusual among Malaysian securities firms. Custodial assets flow through wholly owned nominee subsidiaries Berjaya Equity Nominees (Tempatan) Sdn Bhd and Berjaya Equity Nominees (Asing) Sdn Bhd, separating client custody from the broker's balance sheet.