What Insas does

Insas Berhad is a Malaysian diversified investment holding company incorporated in 1961 and listed on the Main Market of Bursa Malaysia Securities Berhad since 1969 (originally as Paper Products (Malaya) Ltd). Headquartered at Mid Valley City, Kuala Lumpur, with audited shareholders' funds of RM2,468,931,000 as at 30 June 2025, the group operates through seven core subsidiaries: M&A Securities (stockbroking and corporate finance advisory, 6 branches); Insas Pacific Rent-A-Car (fleet of 260+ vehicles, 5 branches); Melium Group (luxury fashion retail holding Malaysian franchise rights for 30+ international brands); DÔME Café (food and beverage, jointly controlled); Insas Property (Klang Valley residential developments totalling RM180 million GDV across two disclosed projects); Insas Technology Berhad (technology trading and investments including Inari Amertron Berhad and Divfex Berhad); and Insas Credit & Leasing (licensed moneylending and project financing).

The group generates revenue across multiple streams — stockbroking transaction fees, fashion retail sales, car rental subscription/transaction fees, café food and beverage sales, property one-time sales, project financing interest and fees, and capital gains on investment disposals. Go-to-market is sales-led across business-to-business financial services, enterprise field sales through M&A Securities' branch network, and consumer-facing retail/hospitality through physical outlets. Recent strategic emphasis has shifted toward portfolio rebalancing, exemplified by the July 2026 disposal of 150 million Inari Amertron shares for RM318.1 million, which crystallised an approximately RM148.1 million gain on a RM23 million original investment.

Insas has 1,001–5,000 employees and operates exclusively in Malaysia across Kuala Lumpur, Selangor, Johor Bahru, Pulau Pinang, Perak, and Kuantan. The group has no disclosed AI/ML capabilities and no public AI product or research activity; its technology exposure is limited to investment holdings in semiconductor and tech operating companies via Insas Technology Berhad. Marketing channels are primarily corporate Bursa Malaysia filings, the insas.net corporate site, and subsidiary-brand storefronts (mnaonline.com.my, iprac.com, melium.com, domecafe.com.my).

Name

Insas

Legal name

Insas Berhad

Website

https://insas.net

Company type

Public

Founded year

1961

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Insas Berhad is a Malaysian diversified investment holding company operating seven subsidiaries spanning stockbroking (M&A Securities), car rental, luxury fashion retail (Melium Group), F&B (DÔME Café), Klang Valley property development, licensed moneylending, and technology investments (including Inari Amertron).

Ownership category

akta.pro rank

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices10 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. Technology Investments: Trading in tech products/projects and investments into high growth technologies and companies including semiconductor assembly and test services through Inari Amertron Berhad.
2. Stockbroking & Financial Services: Securities dealing, corporate finance and investment advisory services through M&A Securities Sdn Bhd, a participating organisation of Bursa Malaysia Securities Berhad.
3. Car Rental & Logistics: Hire-and-drive car rental services from small passenger cars to luxury sedans (Toyota Camry, Honda Accord, Volvos) and MPVs (Naza Ria, Toyota Innova). Services range from daily rentals to long term leases.
4. Fashion Retail: High fashion retail through Melium Group holding Malaysian franchise rights for over 30 world renowned brands including Etienne Aigner, Hugo Boss, Christian Lacroix, Cole Haan, Emilio Pucci, Ermenegildo Zegna, Furla, Mauboussin, Stuart Weitzman, Tod's.
5. Food & Beverage: DÔME Café operations in Malaysia - café dining with 100% Arabica coffees and gourmet foods. Introduced to Malaysia in 1995.
6. Property Development: Property development including Putra Residen @ Bukit Rahman Putra (RM60 million GDV) and Ampang Putra Residensi (RM120 million GDV) in Klang Valley.
7. Project Financing & Lending: Licensed moneylender providing mezzanine lending, short to medium term loans, private placements, special allocation financing for Bumiputera investors, and project financing for small and medium contractors, developers and project joint ventures.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

Insas Berhad is a diversified Malaysian investment holding company operating through seven core subsidiaries: M&A Securities (stockbroking, corporate finance and investment advisory), Insas Property (residential property development in the Klang Valley), Insas Technology Berhad (technology trading and strategic investments in high-growth tech companies), Insas Pacific Rent-A-Car (hire-and-drive car rental), Melium Group (multi-brand luxury fashion retail), DÔME Café (specialty café dining), and Insas Credit & Leasing (licensed moneylending and project financing). The group balances traditional brick-and-mortar businesses with knowledge-and-technology based ventures while maintaining strategic minority stakes in listed entities such as Inari Amertron Berhad.

Product overview

Insas Berhad is a diversified Malaysian conglomerate operating multiple business segments under a unified holding company structure. The Group operates through seven core divisions: M & A Securities (stockbroking and corporate finance), Insas Property (property development), Insas Technology Berhad (ITB) (technology trading and investments), Insas Pacific Rent-A-Car (car rental), Melium Group (fashion retail), DÔME Café (food & beverage), and Insas Credit & Leasing (project financing). These divisions operate independently while sharing the Insas brand umbrella, with the company balancing traditional brick-and-mortar businesses with knowledge-and-technology based ventures.

Differentiator

Problem solved

Functional benefit

Brands

• M & A Securities: Stockbroker and corporate finance adviser, wholly owned subsidiary of Insas Berhad, participating organisation of Bursa Malaysia Securities Berhad
• Insas Property
• Insas Technology Berhad
• Insas Pacific Rent-A-Car
• DOME Cafe
• Insas Credit & Leasing

Products and services

• M & A Securities Stockbroker and corporate finance adviser providing securities dealing, corporate finance, and investment advisory services. A participating organisation of Bursa Malaysia Securities Berhad, licensed by Securities Commission, Malaysia, and registered Principal Adviser with the SC and registered ACE Market sponsor with Bursa Malaysia.
• Insas Property Property development division focusing on residential projects in the Klang Valley, including Putra Residen @ Bukit Rahman Putra (RM60 million GDV) and Ampang Putra Residensi (RM120 million GDV).
• Insas Technology Berhad (ITB) Technology business segment engaged in trading of tech products/projects and investments into high growth technology companies and ventures, including a strategic stake in semiconductor back-end player Inari Amertron Berhad and technology products/projects through Divfex Berhad.
• Insas Pacific Rent-A-Car (PRAC) Hire-and-drive car rental company with 5 branches across Malaysia, operating a fleet of over 260 vehicles from small passenger cars to luxury sedans (Toyota Camry, Honda Accord, Volvos) and MPVs (Naza Ria, Toyota Innova). Services range from daily rentals to long-term leases. First car rental company in Malaysia awarded ISO 9002 certification.
• Melium Group Malaysia's leading high fashion retailer holding Malaysian franchise rights for over 30 international brands including Etienne Aigner, Hugo Boss, Christian Lacroix, Cole Haan, Emilio Pucci, Ermenegildo Zegna, Furla, Mauboussin, Stuart Weitzman, and Tod's. Distributed through retail outlets primarily at Lot 10 Shopping Centre and Weld Shopping Centre.
• DÔME Café Classic style elevated café dining offering premium coffees made from 100% Arabica beans, gourmet foods, and cakes. Operated by Melium Group across multiple outlets in Malaysia. Originated from Perth, Western Australia.
• Insas Credit & Leasing (ICL) Licensed moneylender providing mezzanine lending, short to medium term loans, private placements, special allocation financing for Bumiputera investors, and project financing for small and medium contractors, developers, and project joint ventures.

Quantifiable outcome

• RM148.1 million gain from RM23 million investment in Inari Amertron shares

Named customers2 records

Segments5 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators8 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Lion Industries Corporation Berhad: Malaysian diversified industrial and investment holding company with steel, property, retail and financial services exposures. Comparable as a long-established Bursa Malaysia-listed conglomerate with multiple operating subsidiaries.
• Mulpha International Berhad: Malaysian diversified investment holding with property, hospitality, construction and financial services exposures. Highly comparable conglomerate structure with cross-sector Malaysian operating subsidiaries.
• Apex Equity Holdings Berhad: Malaysian investment holding company focused on stockbroking and related financial services. Direct competitor in Malaysian securities dealing market alongside M&A Securities.
• TA Global Berhad: Diversified Malaysian investment holding with financial services, property and lifestyle businesses. Comparable structure as a Bursa Malaysia-listed diversified group with multiple operating subsidiaries.
• Gadang Holdings Berhad: Malaysian diversified group with construction, property development, utilities and plantation operations. Comparable Bursa Malaysia-listed conglomerate structure with property development segment overlapping Insas Property.
• JF Apex Securities Holdings Berhad: Malaysian stockbroking and financial services group listed on Bursa Malaysia. Direct competitor to M&A Securities in securities dealing, corporate finance and investment advisory.
• OSK Holdings Berhad: Malaysian investment holding company with stockbroking (OSK Investment Bank), property and investment activities. Closest direct peer given overlapping stockbroking franchise and diversified Malaysian holding structure.

Broad incumbents

• RHB Investment Bank Berhad: Subsidiary of RHB Banking Group, one of Malaysia's larger investment banks offering stockbroking, corporate finance and advisory services. Larger incumbent competing with M&A Securities for Malaysian capital markets mandates.
• Hong Leong Financial Group Berhad: Large Malaysian financial services conglomerate spanning banking, insurance and stockbroking through Hong Leong Capital. A larger incumbent with overlapping securities dealing and investment activities relative to Insas's M&A Securities.
• CIMB Investment Bank Berhad: Malaysian investment banking arm of CIMB Group, one of ASEAN's largest banking groups. Larger incumbent offering overlapping securities dealing and corporate finance services to Malaysian clients.

Market position

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries10 records

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 Insas