(Updated)

Hong Leong Capital appoints Hong Leong Investment Bank CEO Lee Jim Leng as director

Hong Leong Capital appoints Hong Leong Investment Bank CEO Lee Jim Leng as director
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KUALA LUMPUR (Sept 20): Hong Leong Capital Bhd has appointed Hong Leong Investment Bank Bhd (HLIB) group managing director and chief executive officer (CEO) Lee Jim Leng as a non-independent and non-executive director.

Hong Leong Capital said in a Bursa Malaysia filing on Friday (Sept 17) that Lee, who was appointed Hong Leong Capital director on that day, has been HLIB group managing director/CEO since Nov 24, 2009. 

"Lee has more than 20 years of experience in the financial industry, specialising mainly in investment banking. Prior to joining HLIB, she was the managing director of a local investment bank where she was responsible for the overall development of the bank's investment business in Malaysia. 

"From 1999 to 2007, she was attached to a Singapore-based regional bank and was tasked to spearhead their investment banking division in Malaysia and the ASEAN region,” said Hong Leong Capital, which is diversified Hong Leong Group’s investment banking and stockbroking arm.

According to Hong Leong group’s website, the group’s diversified businesses include consumer banking, which is undertaken under Hong Leong Bank Bhd, besides semiconductor manufacturing, which is run under Malaysian Pacific Industries Bhd.

On Bursa today, Hong Leong Capital’s share price fell three sen or 0.46% to RM6.48 for a market value of about RM1.54 billion.

Hong Leong Capital has 237.7 million shares, according to its latest quarterly financial report.

In the Friday filing, Hong Leong Capital said Lee has a direct interest of 250,000 shares in Hong Leong Capital.

Chong Jin Hun