CORPORATE
PROFILE
OSK FIRST BEGAN OPERATIONS IN 1963 AS A SMALL STOCKBROKING COMPANY. FROM OUR HUMBLE BEGINNINGS, WE EVOLVED INTO ONE OF ASEAN’S LARGEST REGIONAL INVESTMENT BANKS IN 2001.
OSK FIRST BEGAN OPERATIONS IN 1963 AS A SMALL STOCKBROKING COMPANY. FROM OUR HUMBLE BEGINNINGS, WE EVOLVED INTO ONE OF ASEAN’S LARGEST REGIONAL INVESTMENT BANKS IN 2001.
Today we are a conglomerate with diversified interests in five areas of businesses namely: property development & investment, financial services, construction, industries and hospitality. The OSK Group businesses are conducted via OSK Holdings Berhad, its subsidiaries OSK Property Holdings Berhad, PJ Development Holdings Berhad and its affiliate company, OSK Ventures International Berhad.
With a workforce of approximately 2,000 employees, the Group takes a long term view on all its businesses and seeks to build a dynamic and progressive organisation. We remain steadfast to the values that have defined the way we conducted our business, and on which our reputation has been established.
Our stakeholders can continue to depend on us as we focus on well-thought through decisions to ensure successful and sustainable growth of our businesses over the long-term.
OSK GROUP IS MADE UP OF TWO COMPANIES THAT ARE PUBLICLY LISTED ON BURSA MALAYSIA, NAMELY OSK HOLDINGS BERHAD AND OSK VENTURES INTERNATIONAL BERHAD
OSK Holdings Berhad began operations in 1963 as a small stockbroking company, which grew into a regional investment bank, whereas OSK Ventures International Berhad was incorporated in 2000 as a venture capital company with a seed capital of RM50 million.
In 1997, OSK Holdings diversified into properties through its subsidiary OSK Property Holdings Berhad. As OSK Investment Bank became a Bank Negara regulated entity in 2007, OSK Property was divested from the Group due to regulatory requirements. In recent years, the company has grown aggressively in the Klang Valley through a successful integrated pocket development strategy.
On 28 May 2012, OSK Holdings Berhad announced the merger of OSK Investment Bank (OSKIB) with RHB Investment Bank and on 9 November 2012, OSK Holdings completed the disposal of its subsidiary companies and become a majority shareholder in RHB with a 10% equity interest in RHB Capital Berhad.
OSK Holdings then embarked on a corporate exercise on 15 October 2014, to merge PJ Development Holdings Berhad (PJD) and OSK Property Holdings Berhad (OSKP) into the OSK Group. Following the completion of the corporate exercise with PJD on 8 September 2015 and OSKP on 18 December 2015, OSK Group is now a first-tier property company in Malaysia with over 89% interest in PJD and 100% interest in OSKP.
PJD was established in 1965 as a plantation and property development company. Over the years, PJD divested its plantation business and grew its business in four key areas of property development, construction, manufacturing of building materials under the Acotec and Olympic Cables brands, and hospitality under the Swiss Garden International and SGI Vacation Club brands.