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BAIDURI CAPITAL OFFICIALLY LAUNCHED
8 September 2015

Bandar Seri Begawan, 8th September 2015.  Baiduri Capital Sdn Bhd, a wholly owned subsidiary of Baiduri Bank, was officially launched today at a ceremony hosted at its premises in Kiarong Complex.

Present to officiate the launch was the guest of honour, Yang Berhormat Pehin Orang Kaya Indera Pahlawan Dato Seri Setia Awang Haji Suyoi bin Haji Osman, Deputy Chairman at Autoriti Monetari Brunei Darussalam.

Guests consisting of clients, partners and stakeholders were present to celebrate this momentous event, as Baiduri Capital is the very first to be registered in 2014 under the Securities Markets Order, 2013 and the Securities Markets Regulations 2014.

Following the soft launch in June this year, Baiduri Capital has been offering its customers opportunities to invest in international stock markets via its innovative online portal, the first in the Brunei market to offer online securities trading.

"We feel the time is right for Baiduri Bank Group to go into securities trading as we know a growing number of Bruneians with sizeable savings are looking for opportunities to build wealth as an alternative to deposits," said Mr Pierre Imhof, Director of Baiduri Capital, explaining the decision to set up Baiduri Capital in his welcoming speech.

Baiduri Capital has also received a lot of interest from the public, especially among the young professionals eager to try their hands in securities trading. They called upon Baiduri Capital to conduct investment workshops and seminars to assist them with trading, indicating that the market is ready, especially among the young who grew up with internet and are ready to explore beyond the traditional circle of financial options.

The Baiduri Capital online securities trading portal is a secure, web based securities trading platform which is the first in Brunei. For customers' convenience, it can be accessed from an internet browser, on any laptop, tablet, or even phone, depending on the customer’s preference. The investor-focused design is feature rich, allowing customers to research prices, as well as look up market information to assist decision making when trading online.

Mr Imhof further remarked that, "We believe in the future of the financial industry in Brunei and we want to be part of it."

The official launch was followed by a short tour of the investment centre in Kiarong where trading booths are available and equipped with tablets for customers to trade. During the tour, the Guest of Honour was delighted to view a short presentation from the dealers at Baiduri Capital on the innovative online securities trading portal as well as the facilities offered on site including the viewing gallery to track price movements in SGX (Singapore) and Bursa Malaysia.

 

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