Kenyataan Media
BURSA MALAYSIA SIGNS MEMORANDUM OF COLLABORATION WITH TNG DIGITAL SDN BHD AND AFFIN HWANG INVESTMENT BANK BERHAD
Broadens share trading services via a digital wallet
Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”), TNG Digital Sdn Bhd (“TNGD”), and Affin Hwang Investment Bank Berhad (“AHIBB”) today signed a Memorandum of Collaboration (“MoC”) to enable investors to easily participate in the stock market through the TNGD digital platform. This initiative is part of the Exchange’s ongoing efforts to democratise equity investments and promote financial inclusion among Malaysians.
The MoC was signed by Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa Malaysia; Mr Alan Ni, Chief Executive Officer of TNGD; and Encik Nurjesmi Mohd Nashir, Chief Executive Officer of AHIBB. The signing ceremony was witnessed by Tan Sri Abdul Wahid Omar, Chairman of Bursa Malaysia and Datuk Wan Razly Abdullah, President & Group Chief Executive Officer, Affin Bank Berhad.
Through this collaboration, retail investors will be able to access a wider array of investment products listed on Bursa Malaysia via the Touch ‘n Go (TNG) eWallet’s GOinvest feature. The feature will enable investors to seamlessly invest and monitor their GOinvest portfolios, all within a single app, with a user-friendly interface and robust security measures in place to ensure peace of mind. AHIBB, as the broker partner, will assist investors by offering greater market access, comprehensive research resources, real-time market data and responsive customer support, to enrich their trading experience.
Commenting on the significance of the collaboration, Datuk Muhamad Umar Swift, Bursa Malaysia said, “Bursa Malaysia believes a marketplace that is inclusive is essential for a financially empowered society. Towards this, we will continue to innovate and introduce new ways for retail investors to confidently participate in, and benefit from numerous opportunities available within the Malaysian capital market. This MoC is an excellent demonstration of how various industry players can collaborate and contribute towards this goal.”
Mr Alan Ni of TNGD, expressed his optimism about the significant impact that this collaboration will bring forth to eWallet users and all Malaysians. “This collaboration aligns with our vision of breaking financial barriers and making financial services, including investments, accessible to all. Together, we can continue to empower Malaysians to make informed financial decisions, while enabling them to enjoy a hassle-free and secure share trading experience,” he said.
Encik Nurjesmi Bin Mohd Nashir of Affin Hwang Investment Bank Berhad said, “The MOC marks the start of a beneficial and symbiotic partnership, formalising our shared intention to democratise investment opportunities and financial inclusion among Malaysians. It establishes the framework for the sharing of thoughts, information and experiences that will unquestionably result in advancement in the Malaysian stock market. This important recognition demonstrates our persistent dedication to delivering seamless, comprehensive, and relevant digital experiences that go beyond banking, placing our clients and their ever-evolving needs at the heart of our proposition.”
In addition to
offering trading services, the TNG eWallet’s GOinvest feature will host educational
investment content. The content will be curated together with Bursa Malaysia
and will cover topics such as fundamentals of investing and introduction to various
investments available on Bursa Malaysia, including Exchange-Traded Funds
(“ETFs”). This will be beneficial to equip retail investors, especially the younger
demographic and those new to investing, with the knowledge needed to trade
confidently in the stock market.
Event Photos
Photo 1
The Memorandum of Collaboration was signed by Mr Alan Ni, Chief Executive Officer of TNG Digital Sdn Bhd (left); Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa Malaysia (centre); and En Nurjesmi Mohd Nashir, Chief Executive Officer of Affin Hwang Investment Bank Berhad (right), witnessed by Tan Sri Abdul Wahid Omar, Chairman of Bursa Malaysia (standing, left) and Datuk Wan Razly Abdullah Wan Ali, President & Group Chief Executive Officer of Affin Bank Berhad (standing, right).
Photo 2
Mr Alan Ni, Chief Executive Officer of TNG Digital Sdn Bhd (left); Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa Malaysia (centre); and En Nurjesmi Mohd Nashir, Chief Executive Officer of Affin Hwang Investment Bank Berhad (right) at the Memorandum of Collaboration signing ceremony.