Trading, Finance & Investment



Boustead Petroleum Marketing Sdn Bhd, better known as BHPetrol was established on 14 February 2006. Since its inception the brand has grown stronger in its retail network with 400 retail service stations located throughout Peninsular Malaysia.  These stations provide top quality products and services to millions of customers every year.

BHPetrol is committed to providing the best to the customers; hence, BHPetrol has developed the revolutionary advanced fuel called Infiniti which is especially formulated with German additives to deliver maximum fuel performance with increased power and fuel economy. BHPetrol also operates about 300 convenience retailing stores (BHPetromart) within its retail service station network to provide further convenience to the customers.    

Other than the service station business, BHPetrol is also involved in the distribution of LPG to households and commercial premises. The blending and distribution of a wide range of lubricants, championed under the well-known brand Syngard, adds another dimension to BHPetrol’s involvement in the thriving Malaysian economy.

As a local Malaysian Government Investment link company (GLIC), a subsidiary company under Malaysian Armed Forces Fund Board (LTAT) and Boustead Holding Berhad, BHPetrol continues to be active in strengthening and expanding its network and services throughout Malaysia.

Finance & Investment

Affin Bank Berhad (AFFINBANK) is the financial holding company of Affin Islamic Bank  Berhad, Affin Hwang Investment Bank Berhad, Affin Moneybrokers Sdn Bhd and AXA AFFIN Life  Insurance Berhad. AXA AFFIN General Insurance Berhad is an associate company of Affin Bank  Berhad. 

AFFINBANK provides a suite of financial products and services that is catered to both retail and  corporate customers. The target business segments are categorized under key business units  such as Community Banking, Enterprise Banking, Corporate Banking and Treasury. As at 30  September 2020, AFFINBANK has a network of 110 branches in Malaysia. 

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Affin Islamic Bank Berhad (AFFIN ISLAMIC) a wholly-owned subsidiary of Affin Bank Berhad (AFFINBANK). was incorporated on 13 September 2005 and officially operates as a standalone  Islamic bank with effect from 1 April 2006. 

As a full-fledged Islamic bank, AFFIN ISLAMIC offers a complete range of Islamic Banking  products and services to Small Medium Enterprises (SMEs), Institutional, Retail and Corporate  customers. 

AFFIN ISLAMIC has been at the forefront of introducing innovative and Shariah compliant  products which adopts variety of Shariah concepts ranging from Musharakah Mutanaqisah,  Mudarabah, Istisna, Ijarah, Murabahah and others. 

The Bank’s products and services provides a clear demarcation between deposits, investment  accounts and financing to best meet the need of retail and business enterprises. 

The Bank together with five (5) other Islamic banks pioneered the Investment Account Platform  (IAP) which is a platform to bridge funding requirements of businesses, mainly SMEs, with  institution and retail investors. The IAP was officially launched by the Governor of Bank Negara  Malaysia on 17 February 2016 and aims to offer investment opportunities as another asset  class locally and internationally. This represents a quantum leap in the Bank’s commitment to  play a part in advancing Islamic banking within the local and international financial landscape. 

In line with Malaysia’s Financial Sector Blueprint that aspires to transform the country into a  global hub for Islamic Financial Services, AFFIN ISLAMIC will continuously conduct research  and development into new financial products and services that are capable of competing in the  global financial arena. 

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Affin Hwang Capital is a capital markets group. We bring together the history of two leading and  long-established Malaysian firms – Affin Investment Bank and HwangDBS. Our business is  organised around three principal business areas: Investment Banking (including Treasury &  Markets), Securities (including Research) and Asset Management. 

Our business has a wide domestic coverage and strategic network across Malaysia. We also  maintain a strategic partnership with Daiwa Securities; this provides us with greater reach  across Asian and global markets for institutional equities trading.

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AFFIN Moneybrokers Sdn Bhd operates a money broking business in the country under the  supervision of Bank Negara Malaysia. Its principal activity is to act as intermediaries or arrangers of deals between authorised financial institutions in foreign exchange and domestic  money market. 

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Incorporated in February 2006, AXA AFFIN Life Insurance Berhad (AXA AFFIN Life) is a joint  venture company between AFFIN Bank Berhad and AXA Group, a worldwide financial protection  leader, which is headquartered in Paris. 

Leveraging on the AXA Group’s strength as a financial protection expert and AFFIN Bank’s local  knowledge and diversified network, AXA AFFIN Life is focused on helping individuals manage  risk and achieve their financial goals. 

AXA AFFIN Life will strive to build close and lasting relationship with its customers, offering them  care, support and advice with the highest standard of professional ethics. 

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Boustead Credit is a hire purchase financier with a track record of financing motor vehicles and equipment for over 40 years. The company operates out of offices in Mutiara Damansara, Selangor and Skudai, Johor; and is regulated by the Hire Purchase Act 1967 and Kementerian Perdagangan Dalam Negeri Dan Hal Ehwal Pengguna (KPDNHEP).

Boustead Travel Services is a reputable travel management company in Malaysia that has clinched many major airline awards.

We provide consultation and solutions to clients in designing and customizing the best corporate travel program that are unique to clients’ requirements. Our corporate clients include multinationals and medium sized companies from different industries ranging from Oil & Gas, Pharmaceutical, Defense, Plantation, Property, Sports, Education and Technology. Our products and services are designed to meet the ever-changing trend & demand of corporate travelers today.  Over the years, Boustead Travel Services has managed to maintain a consistent performance in delivering excellent service to its clients.

Through the global partnership with Corporate Travel Management (CTM), a travel management company based in Australia, we have increased the number of clients and elevated the quality of our services especially in the area of IT solutions.   We are able to give customers access to CTM’s industry leading-technology solutions but supported by local industry knowledge and expertise.  CTM Global Partners are built upon a unique partnership that extend the reach of CTM’s 46 locally owned and managed offices across 23 countries, with a bespoke network of established travel management companies that share CTM’s customer-focused philosophy.

We also offer tour related products and services such as hotel accommodation, transportation and leisure packages. Organizing meetings, incentives, conventions and exhibitions (MICE) are also key services. Ever since first appointed as the General Sales Agent for Rail Europe in Malaysia 25 years ago, we are still the preferred Rail Europe ticketing agent in Malaysia today.

Boustead Shipping Agencies Sdn Bhd has established itself as one of the pioneer and leader in Malaysia’s transportation industry via its shipping and logistics activities.

The company offers fully integrated logistics services for sea & air shipment, comprising of customs clearance, freight forwarding, worldwide door to door services, shipping agencies, transportation and other logistics related services. It has offices in Port Klang and Kuala Lumpur International Airport (KLIA), encompassing strategic gateways via sea and air in Malaysia.

It also offers a wide range of shipping and husbandry services to cruise liners and navy vessels to complement the port facilities and services provided at Boustead Cruise Centre.

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Boustead Technology Sdn. Bhd. (“Boustech”) serves as a 2nd growth engine within the esteemed Boustead Group. Its primary focus is on coordinating revenue-generating technology initiatives and offering innovative co-creation solutions. Boustech actively scouts for emerging technologies that hold potential for adoption or incubation, forming valuable partnerships.

The essence of Boustech’s value lies in the successful synergies it fosters with partners and other Operating Companies (OpCos) within the Boustead Group. By leveraging these synergies, Boustech effectively supports OpCos in enhancing their core operations through operational excellence and gaining a competitive advantage in their respective markets. Moreover, this collaborative approach also opens up new revenue streams not only for Boustech itself but also for the entire Boustead Group.


BDigital Ventures is the corporate investment and incubation arm of one of Malaysia’s oldest & largest conglomerates, Boustead Holdings Berhad.

We invest in companies in the digital and tech space with sustainability at the top of our agenda to generate substantial strategic ecosystem benefit for the group.

We spearhead digital transformation across the group to fundamentally drive growth and enhance operational efficiency of the group’s core businesses.

MHS Aviation Berhad is principally involved in the provision of air transportation, flight support, flight training, engineering and technical services to oil and gas companies.

Boustead Global Risk Solution Sdn Bhd (BGRS) is involved in the general insurance agency business which provides its much needed services to the Group as well as its associate companies and general public. BGRS is the principal agent for AXA Affin General Insurance Berhad, Chubb Insurance Malaysia Berhad, Takaful Ikhlas Sdn Bhd and Zurich Takaful Malaysia Berhad.

Cadbury Confectionery Malaysia Sdn Bhd produces leading brands of chocolate and sugar confectionery for the Malaysian market.

Drew Ameroid (M) Sdn Bhd is another successful joint venture business set up for the distribution of industrial water treatment chemicals and systems.

List Of Companies


Boustead Petroleum Sdn Bhd


Boustead Shipping Agencies Sdn Bhd


AFFIN Islamic Bank Berhad


AXA AFFIN Life Insurance Berhad


Boustead Petroleum Marketing Sdn Bhd


Boustead Credit Sdn Bhd


AFFIN Hwang Investment Bank Berhad


Boustead Travel Services Sdn Bhd


MHS Aviation Berhad


AFFIN Hwang Asset Management Berhad


Cadbury Confectionery Malaysia Sdn Bhd


Boustead Global Risk Solution Sdn Bhd


AFFIN Moneybrokers Sdn Bhd


Drew Ameroid (Malaysia) Sdn Bhd


AFFIN Bank Berhad


AXA AFFIN General Insurance Berhad


Boustead Wah Seong Sdn Bhd