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HLB Investment is the investment banking arm of Hong Leong Bank Berhad, providing corporate finance, equity capital markets, debt capital markets, and advisory services from its base in Kuala Lumpur, Malaysia. Operating within the broader Hong Leong Group, a conglomerate with over 100 years of heritage, HLB Investment serves corporate clients in financial services, manufacturing, property, and infrastructure. HLB Investment generates revenue from corporate finance, M&A advisory, underwriting, and capital raising fees. Its parent, Hong Leong Bank Berhad, is publicly listed on MYX:5819. Notable figures include Chairman Quek Leng Chan, Director Kwek Leng Hai, and Group founder Kwek Hong Png. Its parent, Hong Leong Bank, founded in 1905 as Kwang Lee Mortgage & Remittance, was acquired and renamed by Hong Leong Group Malaysia in 1994.
HLB Investment has 1 tracked investment across 1 company. The latest tracked deal is $7.4M Series B in NeoCannBio in September 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 26, 2023 | NeoCannBio | $7.4M Series B | Donghun Investment, Prologue Ventures, Quad Investment Management | BM Ventures, Medytox Investments |