CGSMY to expand private equity, venture capital

New force: (From left) CGSMY board member Tan Sri Shahril Ridza Ridzuan, chief executive officer Azizah Mohamed Yatim, Securities Commission managing director Datin Azalina Adham, China Galaxy Securities Co Ltd vice-president and chief information officer Luo Liming, Deputy Finance Minister Lim Hui Ying, CGS International Securities Pte Ltd group chief executive officer Carol Fong, Bursa Malaysia chief executive officer Datuk Muhamad Umar Swift, Ikhlas Capital Malaysia Sdn Bhd founding partner and chairman Tan Sri Nazir Razak and CGSMY board member Khairy Jamaluddin at the launch of CGSMY’s new brand identity.

KUALA LUMPUR: CGS International Securities Malaysia Sdn Bhd (CGSMY) expects growth in Malaysia’s private equity (PE) and venture capital (VC) market despite geopolitical tensions.

CGSMY chief executive officer Azizah Mohd Yatim said the integrated financial services provider plans to expand its PE and VC solutions.