KUALA LUMPUR: Censuria Family Office has engaged Affin Group’s wealth management and financial advisory arm to develop its strategy under the Affin Diventium private banking segment, as it prepares to register under Malaysia’s Single Family Office Incentive Scheme.
Led by Datuk Marco Yap, the family office invests in listed equities, pre-IPO opportunities and fixed income, and plans to expand via collaboration with Affin Hwang Investment Bank Bhd’s private equity arm on co-investments and cross-border deals.
“The group has earned our confidence with its comprehensive investment banking, wealth management, and brokerage solutions.
“It is able to provide us with co-investment opportunities and connect us with both private and institutional investors across Malaysia and the region, delivering tailored and robust investment solutions to Censuria Family Office and also our private equity arm, Censuria Capital Sdn Bhd,” Yap said in a statement.
Meanwhile, Affin Bank Bhd
managing director of wealth management, Calvin Goon, said the partnership will focus on advisory, investment and wealth management services.
“We are excited to work alongside Censuria Family Office… to drive long-term portfolio growth, co-investment initiatives, and strategic wealth management outcomes,” he said.
Family offices in Malaysia are gaining traction as ultra-high-net-worth individuals seek structured investments, succession planning and wealth preservation.
The Single Family Office Incentive Scheme, overseen by the Securities Commission, requires at least RM30mil in assets under management, RM500,000 in annual local spending and the hiring of local professionals.
