What will Jupiter Securities buy from CIMB’s Malaysia cash equities?

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Jupiter Securities to Acquire CIMB's Malaysia Cash Equities Business

Jupiter Securities Sdn Bhd is set to acquire CIMB Group's Malaysia cash equities business, a transaction that includes CIMB Group's complete ownership of CIMB Futures Sdn Bhd. This acquisition encompasses a comprehensive suite of services previously offered by CIMB's Malaysian operations.
Scope of the Acquisition

The acquisition by Jupiter Securities covers CIMB Group's institutional and retail brokerage services within Malaysia. It also includes share margin financing and equity financing services, which are crucial components of the cash equities market.
Inclusion of CIMB Futures Sdn Bhd

A significant part of the deal is CIMB Group's 100% interest in CIMB Futures Sdn Bhd. This entity is responsible for exchange-listed derivative broking, broadening the scope of Jupiter Securities' expanded offerings.
Broader Business Segments Involved

In addition to brokerage and financing, the acquisition also encompasses CIMB Group's equities research division. This integration aims to consolidate expertise and market presence within the Malaysian stockbroking landscape.

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What will Jupiter Securities buy from CIMB’s Malaysia cash equities?

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