PETALING JAYA: After being suspended for more than five years, Hong Leong Capital Bhd
(HLCap), which is controlled by tycoon Tan Sri Quek Leng Chan via Hong Leong Financial Group Bhd (HLFG), will resume trading on Bursa Malaysia today.
The resumption of trading of HLCap could pave the way for a group-wide restructuring at HLFG at a later time.
At the moment, most financial institutions are anchored on the bank as the holding company.
For instance, Maybank, Public Bank and RHB are the holding company of their financial groups. RHB was one the latest to go through a restructuring where the bank became the holding company.
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