Pacific Trustees Berhad

Pacific Trustees Berhad was incorporated on 21 September 1994 and is one of Malaysia's established independent (bank-unaffiliated) trust companies. It is registered as a trust company under Section 4 of the Trust Companies Act 1949 and is a registered bond trustee with the Securities Commission Malaysia, which lets it act as trustee in the debt capital market. The Kuala Lumpur head office is at Megan Avenue 1, Jalan Tun Razak. The firm sits within a regional group (Pacific Trustees Group International) with separately licensed arms in Labuan (Labuan FSA), Singapore (regulated by the Monetary Authority of Singapore) and Hong Kong (Pacific Corporate Management Services (HK) Limited, a licensed Trust and Company Service Provider).\n\nThe bulk of its business is institutional trustee work: bond and sukuk trustee, REIT and unit trust (CIS) trustee, custodian, security trustee for loans and MTN programmes, and stakeholder/escrow agent. The company states it has served over 316 bond and sukuk issuers representing about RM697 billion in total fund size over 31 years. These are company-reported figures and are not independently verified in this profile. Alongside the institutional side it runs a private wealth practice covering private trusts, family office and private trust company (PTC) structures, estate administration, and will writing under the Pacific Will Plan brand, with a Shariah-compliant line marketed as Pacific Trustees Islamic.\n\nOwnership is not publicly disclosed in detail. The company is privately held and describes itself as a strong regional independent trust company. Board and management filings associate the Cheah family with the business: George Cheah Ken-Lee and Edward Cheah Ken-Sze sit as non-independent directors. The board has carried senior independent figures over the years, including Tan Sri Datuk Amar Steve Shim Lip Kiong (independent director and chairman from 2009) and Tan Sri Abdul Gani (independent director and deputy chairman from 2017). Mohd Radzuan Ahmad Tajuddin, a former long-serving Securities Commission officer, was appointed CEO on 23 May 2025. Detailed shareholding and financials would need to be pulled from SSM filings; the group publishes little of this itself.\n\nNo material regulatory action or public controversy surfaced in this research. As with most Malaysian trust companies, disclosure is thin, so prospective clients should verify current SC bond-trustee registration and licensing directly against the SC register and request the firm's own engagement terms rather than rely on marketing figures.