ECM Libra Financial Group
Investor Relations Home Our Group
 
 
OUR STORY

 

August 2002 - We started as a boutique financial services group with 10 professionals dedicated to helping our clients and partners achieve financial success.

March 2004 - ECM Libra Berhad was listed on the Main Board of Bursa Malaysia. That same year, the three founding partners established and funded the ECM Libra Foundation to provide financial assistance for higher education opportunities to underprivileged and deserving Malaysians, regardless of race, religion or creed. As one of the largest individually funded charitable foundations in the country, it has since helped thousands of Malaysians and schools achieve their educational goals.

June 2006 - ECM Libra Avenue Berhad was formed by the merger of ECM Libra Berhad and Avenue Capital Resources Berhad. It subsequently assumed the listing status of Avenue Capital Resources Berhad on the Main Board of Bursa Malaysia.

February 2008 - ECM Libra Investment Bank was launched, marking another milestone in our journey. With 600 staff throughout Malaysia and group shareholders' funds of RM1.0 billion, we offered professional and tailored financial services to our clients. In the same month, ECM Libra Avenue Berhad changed its name to ECM Libra Financial Group Berhad.

July 2012 - ECM Libra Financial Group Berhad obtained its shareholders’ approval at the Extraordinary General Meeting held on 31 July 2012 for the disposal of its entire equity interest in ECM Libra Investment Bank.

Dec 2012 - The disposal of ECM Libra Investment Bank was completed, marking the end of the banking chapter for ECM Libra Financial Group Berhad. New businesses were then built through Libra Invest Berhad, a subsidiary of the ECM Libra Financial Group Berhad. Libra Invest Berhad managed a range of unit trust funds, carefully crafted portfolios and private mandates for high-net-worth individuals, corporations, and institutional funds.

Dec 2017 - ECM Libra Financial Group Berhad obtained its shareholders’ approval at the Extraordinary General Meeting held on 12 December 2017 for the acquisition of hotel businesses and assets from the Tune Hotels group. ECM Libra Financial Group Berhad has since then diversified its principal activities to include hospitality assets ownership and management.

July 2019 - ECM Libra Financial Group Berhad obtained its shareholders’ approval at the Extraordinary General Meeting held on 27 June 2019 for the disposal of its entire equity interest in Libra Invest Berhad. Following the completion of the disposal on 8 July 2019, Libra Invest Berhad ceased to be a subsidiary of ECM Libra Financial Group Berhad.

Dec 2019 - ECM Libra Financial Group Berhad obtained its shareholders’ approval at the Extraordinary General Meeting held on 3 December 2019 for the acquisition of additional hotel businesses and assets from OMT Hotels Sdn Bhd, as well as to change the company's name. Within the same month, ECM Libra Financial Group Berhad was renamed as ECM Libra Group Berhad.

Nov 2023 - ECM Libra Group Berhad via its subsidiary acquired the Tune Hotel Liverpool in the United Kingdom, further expanding our hospitality portfolio.



 
Copyright 2021 ECM Libra Group Berhad 200501031433 (713570-K). All rights reserved | Term