OSK Holdings Bhd yesterday launched its OSK Priority Card together with the OSK Priority Club for customers, business partners, shareholders and employees.
Its executive chairman Datuk Nik Mohamed Din Nik Yusoff said the OSK Priority cards and Club offered an opportunity to thank stakeholders, especially customers and business partners, for their support.
There will be 4 categories of membership, namely Diamond, Platinum, Gold and Silver.
OSK group managing director and chief executive officer Ong Leong Huat said about 50,000 cards would be distributed initially to those selected by the company.
We have our own set of criteria to determine who would qualify for each category, he told reporters after the official launch of the card and club by Deputy Minister of Finance Datuk Chan Kong Choy in Kuala Lumpur yesterday.
Ong said the OSK Priority programme offered members privileges designed with customers in mind and extend beyond just rewards.
He said the group had established strategic tie ups with various business partners to offer attractive privileges such as discounts at restaurants and hotels to cardholders.
All Diamond and Platinum cardholders will be entitled to priority services and use of the facilities of the newly built OSK Priority lounge at Plaza OSK and also at other OSK offices nationwide. Cardholders will also be accorded personalised attention with regards to their investment needs.
The OSK group offers a wide range of financial products and services like stockbroking, underwriting and placement of securities, futures and options trading, venture capital, corporate advisory services, unit trust management, wills and trustee services and fixed income activities.
Meanwhile, Chan told reporters at the launch that the Securities Commission (SC) was looking at the possibility of introducing more incentives to help speed up consolidation in the stockbroking industry.
Chan said this would be in addition to the existing incentives given, such as the free branching policy and the electronic access facilities accorded to universal brokers (UBs).
He said of the initial 66 stockbroking companies (SBCs), 27 have surrendered their licences and the number have been reduced to 39.
special Another nine have proposed to merge or acquire with one other SBC. We are confident the number would be further reduced to 33 in the near future, he said, adding that 16 SBCs have not submitted any merger proposal to the SC.
Did you find this article insightful?