CGS International Securities

What CGS International Securities does

CGS International Securities Malaysia Sdn. Bhd. (formerly CGS-CIMB Securities) is a Malaysian-incorporated integrated financial services provider operating as a subsidiary of China Galaxy Securities, one of China's leading securities houses. The firm is headquartered at Menara IQ, Tun Razak Exchange in Kuala Lumpur, with offices in Singapore, Bangkok, and Jakarta, and serves clients across more than 15 countries and regions. It is regulated by Securities Commission Malaysia under Capital Markets Services Licence CMSL/A0012/2007.

The company operates a multi-channel financial services platform spanning retail brokerage, institutional services, asset management, and investment banking. Core proprietary platforms include iTrade (online securities trading), CFD Viewpoint (leveraged derivatives), eIPO (electronic IPO subscription), and UP (Malaysia's first Bursa fractional share trading platform launched 2026 with RM10 minimum investments and SaveUP automated dollar-cost averaging). Revenue streams include equities trading commissions (0.06% with MYR 5.50 minimum), platform fees (MYR 0.50 per transaction), investment banking advisory fees from IPOs and M&A (14 IPOs and 63 deals completed in 2025), asset management fees, CFD/futures spread income, and structured product margins. The firm also offers Shariah-compliant trading products, margin financing, fixed income, and prime brokerage services.

CGS International Securities serves three primary customer segments: retail investors (via UP and iTrade platforms), high-net-worth individuals and family offices (asset management), and corporate/institutional clients (IPO facilitation, M&A advisory). It also acts as general partner for the Galaxy Orientis China-Asean Investment Platform, which secured US$520 million in first close from China Investment Corporation, Indonesia Investment Authority, and State Oil Fund of Azerbaijan, with plans to scale to US$1 billion. Notable 2025 transactions include Seres Group's HK$14.3 billion dual listing, Paradigm REIT's RM560 million Main Market IPO, and Mr D.I.Y. Thailand's largest SET IPO since 2023.

Name

CGS International Securities

Legal name

CGS International Securities Malaysia Sdn. Bhd.

Website

https://cgsi.com.my

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

501–1,000 employees

Short description

CGS International Securities Malaysia Sdn. Bhd. is a Kuala Lumpur-headquartered integrated financial services firm serving retail investors, HNW clients, and corporate clients across Malaysia, Singapore, Thailand, and Indonesia, with subsidiaries of China Galaxy Securities. It operates proprietary trading platforms (iTrade, UP), facilitates IPOs and M&A advisory, and runs the US$520M Galaxy Orientis China-Asean Investment Platform.

Ownership category

akta.pro rank

Product category

Securities Brokerage and Investment Banking

NAICS

Investment Banking and Securities Intermediation (523150), Securities and Commodity Contracts Intermediation and Brokerage (5231), Portfolio Management and Investment Advice (523940)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)

akta.pro secondary industries

Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE), Capital Raising Advisory (Equity & Equity-Linked) (FSAEAGAC), Cross-Border M&A Advisory (FSAEAGAH)

Keywords

• Securities brokerage
• Investment banking
• Wealth management
• Equities trading
• Asset management

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Equities Trading & Brokerage: Commission-based equities trading services through iTrade platform and UP mobile app, including stocks, ETFs, REITs, and fractional shares on Bursa Malaysia and other exchanges
2. Platform & Exchange Fees: Platform fees (MYR 0.50 per transaction) and exchange-related fees charged on trades
3. Investment Banking Services: IPO facilitation, M&A advisory, and capital markets services across ASEAN. Completed 14 IPOs and 63 total deals in 2025, including Info-Tech Systems, Paradigm REIT, and Mr D.I.Y. Thailand
4. Asset Management: Bespoke wealth management solutions and asset management services for individual and institutional clients
5. Leveraged Products: CFD trading, futures (including Mini KLCI Futures, Cboe Futures, SGX Futures, CME products), and margin financing services
6. Institutional Services: Tailored solutions for institutional investors including prime brokerage and research services
7. Shariah-Compliant Products: Islamic finance-compliant investment products including Shariah-compliant futures and investments
8. Fixed Income & Structured Products: Bond trading and structured product offerings for investors

Pricing tiers

Go-to-market motion3 records

Distribution channels7 records

Marketing channels12 records

Core offering

CGS International Securities operates as an integrated financial services platform offering securities brokerage, investment banking, and wealth management services across ASEAN markets. The firm provides equities and ETFs trading via its proprietary iTrade and UP platforms, leveraged products (CFDs, futures), margin financing, Shariah-compliant investments, and fixed income products for retail investors. For corporate and institutional clients, it delivers IPO facilitation, M&A advisory, prime brokerage, and asset management, leveraging its regional connectivity to parent China Galaxy Securities.

Product overview

CGS International Securities operates as an integrated financial services platform offering a comprehensive suite of trading and investment products across multiple channels. The core offering includes proprietary platforms (iTrade, CFD Viewpoint, eIPO, UP) providing access to equities, ETFs, leveraged products (CFDs, futures), and Shariah-compliant investment options. UP represents their retail-focused fractional share trading platform for Bursa Malaysia. Wealth management services include asset management and institutional services, while investment banking covers IPO and M&A advisory. All operations are conducted under Securities Commission Malaysia regulation (CMSL/A0012/2007) with regional connectivity through parent China Galaxy Securities serving over 15 million customers globally across 15+ countries.

Differentiator

Problem solved

Functional benefit

Products and services

• iTrade
• CFD Viewpoint
• eIPO
• UP (UP Malaysia)
• Stocks Trading
• ETFs Trading
• Margin Financing
• Futures Trading
• Shariah-Compliant Investments
• Fixed Income
• Structured Products
• Asset Management
• Institutional Services
• Investment Banking

Quantifiable outcome

• 14 IPOs and 63 total deals completed in 2025 across Singapore, Malaysia, and Thailand
• +3 more outcomes

Named customers7 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered flagship, core and minor.

• Galaxy Orientis China-Asean Investment PlatformflagshipStrategic or Co-development Partner · 13 April 2026CGS International Securities serves as the general partner for the Galaxy Orientis China-Asean Investment Platform, providing regional expertise and operational infrastructure across Southeast Asia. Three sovereign wealth funds anchored the platform: China Investment Corp (CIC), Indonesia Investment Authority (INA), and State Oil Fund of the Republic of Azerbaijan, securing approximately US$520 million in first close with plans to expand to US$1 billion. The platform targets industrials, healthcare, consumer, business services, and technology sectors benefiting from shifting supply chains and stronger China-ASEAN regional trade integration.
• Zhongguancun Development Group (ZGC)flagshipGTM or Marketing Partner · 2 April 2026CGS International was appointed as the exclusive financial lead for ZGC's ASEAN Tech & AI Center, serving as the primary catalyst for cross-border capital flows, technological and AI integration. ZGC Forum aims to strengthen collaboration between Beijing's technology hub and ASEAN markets.
• Bursa MalaysiacoreStrategic or Co-development Partner · 12 January 2026CGS MY partnered with Bursa Malaysia and DeHeng Law Offices to host a strategic market engagement aimed at attracting high-growth Chinese enterprises in the new economy to list on Malaysia's capital market. The collaboration leverages CGS MY's regional connectivity through shareholders China Galaxy Securities and China Investment Corporation.
• DeHeng Law OfficesminorImplementation/ SI/ Consulting Partner · 12 January 2026Partnered with CGS MY and Bursa Malaysia to provide cross-border legal expertise for attracting Chinese enterprises to list on Malaysia's capital market.
• ASE TechnologyminorStrategic or Co-development PartnerASE Technology, one of the world's largest semiconductor testing and packaging firms, partnered with AEM Holdings to build AI test solutions, a transaction facilitated through CGS International's research coverage.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Phillip Securities: Singapore-based regional brokerage with retail trading across ASEAN including Malaysia, Singapore, Indonesia, and Thailand. Comparable in multi-country retail trading, CFDs/futures, and digital onboarding.
• UOB Kay Hian: Singapore-headquartered regional securities broker with strong ASEAN retail brokerage and equities research. Comparable as a regional competitor in Singapore, Malaysia, Thailand, and Indonesia with similar digital trading platforms.

Direct peers

• RHB Investment Bank: Malaysian investment bank offering securities trading, IPO advisory, and wealth management. Directly comparable in domestic ECM league tables and retail brokerage share, and competes head-to-head with CGS for Malaysian IPO mandates.
• Kenanga Investment Bank: Malaysian securities firm with full-service brokerage, IB, and wealth management. Comparable in retail trading volume, Shariah-compliant product offerings, and domestic ECM advisory.
• Maybank Investment Bank: Maybank's investment banking and securities arm and one of Malaysia's largest securities houses. Directly comparable to CGS in equities trading, IPO advisory, and regional IB coverage across ASEAN, and effectively the home-market incumbent CGS competes against in Malaysian ECM.
• Public Investment Bank: Malaysian investment bank offering equities trading, IPO advisory, and futures broking. Comparable as a domestic full-service securities firm competing in Malaysian ECM and retail brokerage.
• CIMB Investment Bank: CIMB's investment banking and securities franchise, formerly the JV partner of CGS-CIMB. Operates an integrated equities, IB, and wealth platform across ASEAN with comparable Malaysia-Singapore-Indonesia-Thailand footprint, making it the closest business-model and geography peer.
• Hong Leong Investment Bank: Malaysian investment bank providing equities trading, IPO sponsorship, and corporate advisory. Comparable as a domestic securities house competing for the same Malaysian ECM mandates and retail brokerage wallet.
• Affin Hwang Investment Bank: Malaysian investment bank providing securities broking, IB, and asset management. Comparable in Malaysian retail brokerage, ECM league tables, and wealth management offerings.

Broad incumbents

• China Galaxy Securities: Parent company of CGS International Securities and one of China's largest securities houses. Listed on HKEX and SSE, offering full-spectrum brokerage, IB, and asset management in China — the global franchise that anchors CGS International's cross-border flow.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks2 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@cgsintl
• Facebookfacebook.com/cgsimy
• LinkedInlinkedin.com/company/cgsimy
• Instagraminstagram.com/cgsi_my

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CGS International Securities