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The completion of the merger of Hong Leong Bank with Wah Tat Bank and Hong Leong Finance with Credit Corporation Malaysia on 1 January 2001 marks the emergence of a larger banking group. HLBB is a member of the Hong Leong Group. The group has diversified businesses in financial services, manufacturing, property, and infrastructure development.
Hong Leong Company (Malaysia) Berhad, more commonly known as Hong Leong Group, is a conglomerate based in Malaysia. Founded as a trading company in 1963 by Quek Leng Chan and Kwek Hong Png , the company controls 14 listed companies involved in the financial services, manufacturing, distribution, property and infrastructure development.
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In a direct auto loan, a bank lends the money directly to a consumer. In an indirect auto loan, a car dealership (or a connected company) acts as an intermediary between the bank or financial institution and the consumer. Other forms of secured loans include loans against securities – such as shares, mutual funds, bonds, etc.
Quek has extensive business experience in various sectors, including financial services, manufacturing and real estate.He is the chairman and chief executive officer of Hong Leong Company (Malaysia) Berhad ("HLCM"), executive chairman of Hong Leong Industries Berhad ("HLI"), Hume Industries (Malaysia) Berhad ("HIMB"), Hong Leong Financial Group Berhad, GuocoLand (Malaysia) Berhad, Camerlin ...
Hong Leong Capital Berhad (MYX: 5274) is an investment holding company listed on the Bursa Malaysia whereby its subsidiaries are involved in stock and share broking, acting as agent and nominee for clients, corporate advisory services, fund management, unit trusts, share financing, futures and options broking.