KUALA LUMPUR: Hwang-DBS (M) Bhd founder Datuk Seri Hwang Sing Lue, who helmed the Hwang-DBS Group for almost four decades, passed away on Sunday. He was 83.
The company announced on Monday the late Hwang was well known in financial circles and was well respected as one of Malaysia’s pioneers in the stockbroking industry.
In 1973, he founded Southern Stock Brokers Sdn and over the years had been instrumental in building and transforming the company to the Hwang-DBS Group with HwangDBS Investment Bank Bhd as the primary subsidiary.
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