KBZSC Securities

What KBZSC Securities does

KBZSC Securities (KBZ Stirling Coleman Securities Co., Ltd.) is a Myanmar-based securities brokerage and investment banking firm operating on the Yangon Stock Exchange (YSX). Established as a joint venture between KBZ Group and Singapore-headquartered Stirling Coleman, the company was awarded an underwriter license by the Government of Myanmar Ministry of Finance on 7 October 2015. It provides underwriting, dealing, broking, and investment advisory services, targeting both retail and institutional investors in Myanmar. Since inception, KBZSC has facilitated seven major IPO listings on the YSX, including FMI, MTSH, MCB, FPB, TMH, EFR, and AMATA, spanning banking, telecommunications, logistics, and diversified holdings.

The company's core product is an internet-based securities trading platform accessible via web (trade.kbzsc.com) and mobile app, supporting order-routing, execution, matching, registration, and clearing of trades. It is complemented by a research publication ("The Market Watch Newsletter"), IPO advisory services, and an in-house Equity Capital Markets team. KBZSC generates revenue through transaction-based brokerage commissions on YSX trading, underwriting fees on IPOs and equity offerings, and professional service fees for investment advisory work. Distribution is hybrid: online account opening and digital trading for retail clients, with physical branches in Yangon, Mandalay, Mawlamyine, and Taungyi for in-person advisory, supported by investor education events, roadshows, YSX Expos, and a Telegram channel. The firm employs 13 staff and operates exclusively within Myanmar's single securities exchange.

Name

KBZSC Securities

Legal name

KBZ Stirling Coleman Securities Co., Ltd.

Website

https://kbzsc.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

KBZSC Securities is a Myanmar-based securities brokerage and investment banking firm operating on the Yangon Stock Exchange, offering underwriting, dealing, broking, and investment advisory services to retail and institutional investors via its online trading platform and branch offices.

Ownership category

akta.pro rank

Product category

Securities Brokerage

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Investment Banking and Securities Intermediation (52315), Investment Banking and Securities Intermediation (523150)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Equities Trade Execution Platforms (ATS/MTF/ECN) (FSAFANAA)

Keywords

• Securities brokerage services
• Investment advisory services
• Equity capital markets
• IPO underwriting
• Online securities trading

Headquarters

HQ city

Yangon

HQ country

Myanmar (Burma)

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Securities Brokerage and Trading: Revenue generated from broking and dealing services on the Yangon Stock Exchange, including commission on securities transactions
2. Underwriting Services: Revenue from underwriting IPOs and equity offerings on the Yangon Stock Exchange
3. Investment Advisory: Fees from providing investment advisory services to clients

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

KBZSC Securities is a licensed securities firm operating on the Yangon Stock Exchange, providing securities brokerage (buying and selling of equities), underwriting, dealing, broking, and investment advisory services. Customers can trade securities through an internet-based online trading platform and mobile app, and companies can access end-to-end equity capital markets support, including IPO processing and listing on the YSX.

Product overview

KBZSC (KBZ Stirling Coleman Securities Co., Ltd.) is a securities firm in Myanmar providing underwriting, dealing, broking, and investment advisory services on the Yangon Stock Exchange. The company operates as a single unified service offering centered around securities trading, with supporting services in equity capital markets, research publications, and IPO processing. Their core product is the internet-based securities trading platform, complemented by investment advisory and market research services.

Differentiator

Problem solved

Functional benefit

Products and services

• Securities Trading Internet-based securities trading service that enables clients to buy and sell securities on the Yangon Stock Exchange via online platform and mobile app.
• Equity Capital Markets Services Underwriting, dealing, broking, and investment advisory services for companies seeking to list or raise capital on the Yangon Stock Exchange.
• IPO Services End-to-end IPO processing and advisory services assisting companies through the listing process on the Yangon Stock Exchange.
• Research / Newsletter (The Market Watch Newsletter) Market commentary, analysis, and research publications including The Market Watch Newsletter covering YSX market trends and investment opportunities for clients.

Named customers7 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Phillip Securities: A large Singapore-headquartered regional securities brokerage with multi-country presence across ASEAN. Comparable as a regional broker-dealer offering retail trading platforms and capital markets services across frontier and emerging Asian markets.
• Maybank Investment Bank: The investment banking arm of Malaysia's largest banking group, with regional ECM and brokerage operations. Comparable as a regional incumbent providing underwriting, broking and advisory services across ASEAN markets.
• RHB Investment Bank: A Malaysian-based investment bank with regional brokerage and ECM operations across Southeast Asia. Comparable as a broad incumbent offering underwriting, dealing and broking services in emerging ASEAN markets.
• UOB Kay Hian: A Singapore-based regional securities firm with brokerage and ECM operations across ASEAN. Comparable as a broad incumbent broker operating multi-country equities platforms serving both retail and institutional clients in frontier Asian markets.

Direct peers

• AYA Trust Securities: A licensed securities firm operating on the Yangon Stock Exchange offering brokerage and investment advisory services to Myanmar investors. Directly comparable as a fellow YSX member competing for the same retail and institutional trading wallet.
• Myawaddy Securities: A licensed YSX securities firm affiliated with a Myanmar banking group, providing brokerage and dealing services. Comparable as a domestic peer competing for the same exchange-licensed customer pool.
• CB Bank Securities: The securities arm associated with a Myanmar banking group, operating on the YSX. Directly comparable in business model and customer base, and a fellow JV-style entity combining local bank distribution with capital markets expertise.

Others

• CGS-CIMB Securities: A leading ASEAN-focused securities and investment banking firm with extensive regional brokerage footprint. Comparable as a broad incumbent offering equities trading and ECM services across Southeast Asian markets including frontier economies.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/kbzsc-securities

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 KBZSC Securities