Status of Stockbroking Industry Consolidation

As at 30 June 2007, the stockbroking industry comprised 2 universal brokers, 7 stockbroking companies with at least 1+1 mergers (1+1 SBC), 12 investment banks, 5 foreign stockbroking companies under special scheme and 8 standalone stockbroking companies that h ave yet to effect any consolidation.
One of the 8 standalone stockbroking company had proposed to merge with a 1+1 SBC and the proposal is currently being considered.

Universal Brokers
PM Securities Sdn Bhd
ECM Libra Avenue Securities Sdn Bhd

1+1 Stockbroking Companies
JF Apex Securities Bhd
A.A.Anthony Securities Sdn Bhd
M&A Securities Sdn Bhd
Mercury Securities Sdn Bhd
SBB Securities Sdn Bhd*
Inter-Pacific Securities Sdn Bhd
TA Securities Holdings Bhd

Investment Banks
Affin Investment Bank Bhd
Alliance Investment Bank Bhd
AmInvestment Bank Bhd
Aseambankers Malaysia Bhd
CIMB Investment Bank Bhd
HwangDBS Investment Bank Bhd
Kenanga Investment Bank Bhd
MIDF Amanah Investment Bank Bhd
MIMB Investment Bhd
OSK Investment Bank Bhd
Public Investment Bank Bhd
RHB Investment Bank Bhd

8 Standalone Stockbroking Companies
BIMB Securities Sdn Bhd
FA Securities Sdn Bhd
HLG Securities Sdn Bhd*
Innosabah Securities Bhd
Jupiter Securities Sdn Bhd
KAF-Seagroatt & Campbell Securities Sdn Bhd
Malacca Securities Sdn Bhd
SJ Securities Sdn Bhd

Foreign Stockbroking Companies
CLSA Securities Sdn Bhd
Credit Suisse Securities Sdn Bhd
Macquarie Securities Sdn Bhd
UBS Securities Sdn Bhd
JPMorgan Securities Sdn Bhd