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Freedom251 › Blog › Bank Negara Malaysia

China Construction Bank Malaysia Has Held a Banking Licence Since 2016; EUR 1.13 Stock Quote Unverified

By Freedom251 Team · · 3 min read

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China Construction Bank (Malaysia) Berhad received its Malaysian commercial banking licence in 2016 and began operating on 27 January 2017. The phrase “stock at EUR 1.13 pre-market” cannot be confirmed from the available sources: they do not identify the security, exchange or quote time. It should not be treated as a verified share price.

When did China Construction Bank Malaysia receive its licence?

Bank Negara Malaysia announced on 1 November 2016 that the Minister of Finance had granted a commercial bank licence to China Construction Bank (Malaysia) Berhad. The regulator described the Malaysian bank as wholly owned by China Construction Bank Corporation Ltd. and called the grant the first commercial bank licence under Malaysia’s Financial Services Act 2013. Bank Negara Malaysia’s announcement said the decision was based on the parent company’s “prudential strength” and its ability to bring propositions considered in Malaysia’s best interest.

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The licence grant was not the same date as the start of business. Bank Negara Malaysia said the bank would commence commercial operations on 27 January 2017, pursuant to section 9 of the Financial Services Act 2013. Its commencement notice sets out that date. The dates therefore describe two separate steps: the 2016 regulatory licence grant and the bank’s operational launch in early 2017. The headline should not be read as evidence that the licence was newly issued.

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What is the bank’s status in Malaysia?

Bank Negara Malaysia’s Financial Sector Participants Directory lists China Construction Bank (Malaysia) Berhad as a licensed commercial bank. The entry gives its headquarters as Level 20, Menara CCB, Quill 6, No. 6, Leboh Ampang, Kuala Lumpur. The directory entry confirms the regulator’s classification; it does not provide evidence for a stock-market quote. Check the Bank Negara Malaysia directory.

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The directory is useful for confirming the entity’s regulatory category and listed headquarters. It should not be confused with a market listing or market-data page: the available directory information does not identify an exchange-traded security or substantiate a share price.

Is the stock really trading at EUR 1.13 pre-market?

That figure is unverified. The available sources do not establish which security the headline refers to, where it trades, or when the purported pre-market quote was recorded. The wording alone is not enough to attribute EUR 1.13 to the Malaysian subsidiary, its parent company, or any particular exchange. The research found no supporting quote with an identified instrument, exchange, quote time or primary market-data source.

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To verify a share-price claim, a dated market-data record should identify the instrument and ticker, exchange, currency, timestamp and trading session. Those details matter because the headline’s price fragment does not say what asset it describes or when the figure applied. Without them, the number cannot be reliably checked or interpreted, and it should not be repeated as a confirmed price. The Malaysian bank’s licence and regulatory listing do not establish that it has a publicly quoted share price.

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What do the reported financial figures show—and what do they not show?

A 11 June 2024 announcement by MARC Ratings, carried in Bank Negara Malaysia’s FAST system, affirmed China Construction Bank (Malaysia) Berhad’s ratings at AA+/MARC-1 with a stable outlook. The announcement reported selected historical figures: in 2023, the loan book grew 2.6 times to RM3.1 billion, with MARC attributing the growth to loans related to the East Coast Rail Link project. It also reported a total capital ratio of 54.1% at the end of 2023 and no recorded impairments.

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These figures are tied to the agency announcement’s date and reporting periods: loan-book growth, capital ratio and impairment information refer to 2023 or year-end 2023. The AA+/MARC-1 ratings and stable outlook are MARC’s affirmed ratings as of 11 June 2024. They are historical agency-reported facts, not a current market quote, a guarantee of future performance or an investment recommendation. Read the MARC Ratings announcement carried by Bank Negara Malaysia.

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Frequently Asked Questions

When was China Construction Bank Malaysia licensed?

Bank Negara Malaysia announced on 1 November 2016 that the Minister of Finance had granted China Construction Bank (Malaysia) Berhad a commercial bank licence.

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When did the bank begin commercial operations?

Bank Negara Malaysia said the bank commenced operations on 27 January 2017, pursuant to section 9 of Malaysia’s Financial Services Act 2013.

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Does the available evidence confirm a EUR 1.13 pre-market share price?

No. The available sources do not identify the security, exchange, quote time or market-data source behind that figure, so it remains unverified.

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What does the Bank Negara Malaysia directory say about the bank?

It lists China Construction Bank (Malaysia) Berhad as a licensed commercial bank and gives its headquarters as Level 20, Menara CCB, Quill 6, No. 6, Leboh Ampang, Kuala Lumpur.

The Bottom Line

China Construction Bank (Malaysia) Berhad’s licence dates to 2016, and it began commercial operations in January 2017. Bank Negara Malaysia currently lists it as a licensed commercial bank. The EUR 1.13 pre-market figure remains unverified without a dated source identifying the instrument and exchange.

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