- Six new agreements signed at ASEAN Business Forum 2025 in Kuala Lumpur.
- RM6 billion investment commitment targets FDI, ETFs, and private equity.
- Malaysia to be regional hub for China-ASEAN Investment Programme.
CGS International, along with its parent company China Galaxy Securities, has entered into six new agreements designed to enhance cross-border investment relationships between ASEAN and China. The agreements, consisting of five Memoranda of Understanding (MOUs) and one Letter of Intent (LOI) occurred at the ASEAN Business Forum 2025 in Kuala Lumpur.
The agreements were finalized in front of high-ranking Malaysian officials, including Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of the Malaysian Investment Development Authority (MIDA); Dato' Mohammad Faiz Azmi, Executive Chairman of the Securities Commission Malaysia; and Tan Sri Nazir Razak, Chairman of the ASEAN Business Advisory Council Malaysia.
CGS International states that the latest agreements expand on its previous commitment of RM6 billion, which was announced at the Johor-Singapore Special Economic Zone Partners’ Dialogue in May 2025. This encompasses RM3 billion earmarked for promoting foreign direct investments over the next three years, plus an additional RM3 billion designated for assets under management via the creation of Single Family Office Ventures.
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The Letter of Intent sets up a China-ASEAN Investment Programme aimed at forming a private equity fund concentrating on healthcare, semiconductors, renewable energy, agriculture, and additional sectors, with Malaysia serving as a regional hub.
One of the MOUs established with MIDA is intended to enhance Malaysia's status as an investment center and work together on investor support, fundraising, and supply chain growth. A further agreement with Fullgoal Asset Management (HK) and Bursa Malaysia will launch new Exchange-Traded Funds (ETFs) in Malaysia, broadening investment alternatives for domestic investors.
Further MOUs encompass a partnership with GL Capital Management to establish a private equity fund targeting healthcare; a deal with OCBC Bank Malaysia to facilitate ASEAN-China trade and investment activities; and cooperation with Zhongguancun International Holding to assist Chinese firms in penetrating Malaysian industries, such as advanced manufacturing, digital technology, food security, and healthcare.