KUALA LUMPUR, 3 February 2026 — Whitman Holdings Berhad (Whitman), a provider of holistic financial planning and retirement-focused wealth advisory solutions, is pleased to announce that it has received approval from Bursa Malaysia Securities Berhad for the admission of the Company to the LEAP Market, and for the listing and quotation of its entire issued share capital. The Company’s proposed listing on the LEAP Market is advised by WYNCORP Advisory Sdn Bhd, which also serves as Whitman’s Approved Adviser and Continuing Adviser.
Upon listing, Whitman will have an issued share capital of 200.0 million ordinary shares, with a listing reference price of RM0.10 per share, translating into an indicative market capitalisation of approximately RM20.0 million. The listing will be implemented by way of introduction and does not involve any fund-raising exercise.
Yap Ming Hui, Managing Director of Whitman Holdings Berhad, said, “Receiving Bursa Malaysia’s approval to list on the LEAP Market is a significant milestone for Whitman. It reflects the resilience of our business model, our disciplined growth over more than two decades, and the trust we have built with our clients. With the support of WYNCORP as our Approved Adviser, this listing enhances our corporate profile and positions us well to pursue our next phase of growth while continuing to deliver long-term value to our clients and stakeholders.”
Whitman Holdings Listing
Whitman’s operating subsidiary, Whitman Independent Advisors Sdn Bhd, has demonstrated consistent financial performance. For the financial year ended 31 December 2024, the Group recorded a profit after tax of approximately RM1.65 million, translating into earnings per share of about 0.83 sen based on the enlarged share base. In addition, the Group has achieved significant scale in assets under advice, surpassing RM1.0 billion in 2024, underscoring its strong client base and trusted advisory positioning in Malaysia’s wealth management landscape.
According to the Independent Market Research Report prepared by Datametrics Research and Information Centre (DARE), Malaysia’s financial planning and wealth advisory industry is supported by favourable long-term fundamentals. Structural trends such as Malaysia’s ageing population, rising life expectancy, increasing household wealth, and heightened awareness of retirement adequacy are driving sustained demand for professional, retirement-focused financial advisory services. The report also highlights a continued industry shift towards fee-based advisory models, which provide greater earnings visibility and favour established advisory firms with strong compliance frameworks, experienced licensed representatives and a track record of client trust.
With its LEAP Market listing, Whitman aims to further enhance its corporate standing, strengthen client confidence, and establish a stronger platform to support future business expansion, talent development and service innovation, while maintaining a disciplined and sustainable growth approach.
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