KUALA LUMPUR, 26 February 2026 — Whitman Holdings Berhad (“Whitman” or the “Company”), a provider of holistic financial planning and retirement-focused advisory solutions, today debuted as a public listed company on the LEAP Market of Bursa Malaysia Securities Berhad (“Bursa Securities”).
Whitman’s shares are listed under the stock name “WHITMAN” and stock code “03070”.
The Company’s entire issued share capital of 200 million ordinary shares was listed and quoted at a reference price of RM0.10 per share. The shares opened at RM0.125, representing a 25% change from the reference price, with approximately 10,000 shares traded as at 9.00 AM. Based on the opening price, Whitman’s market capitalisation stood at RM 25 million. The listing was implemented by way of introduction and did not involve any fund-raising exercise.
WYNCORP Advisory Sdn Bhd is the Approved Adviser and Continuing Adviser for the listing exercise.
Commenting on the milestone, Yap Ming Hui, Managing Director and Founder of Whitman Holdings Berhad, said: “Today marks an important milestone in Whitman’s corporate journey.
Our admission to the LEAP Market reflects our commitment to operating within a strengthened governance and transparency framework as we continue building a disciplined and sustainable advisory business.”
He continued, “The listing underscores Whitman’s long-standing commitment to advancing professional standards within an integrated retirement advisory framework. It affirms the discipline and structure we have built over more than 25 years around a holistic financial planning model centred on long-term income sustainability.”
Whitman’s admission to the LEAP Market aligns with its long-term strategic objective of further developing its retirement-focused advisory capabilities. Operating within a listed governance framework enhances the company’s institutional standing, professional capacity and ability to scale its integrated advisory model in a disciplined manner.
Addressing Malaysia’s Structural Retirement Planning Gap
Malaysia’s demographic transition and rising life expectancy are reshaping retirement realities. The Employees Provident Fund (EPF) has set a new Basic Savings Tier benchmark at RM390,000 at age 55 as the minimum threshold for retirement. However, official disclosures indicate that a substantial proportion of contributors fall short of this level, reinforcing the ongoing challenge of ensuring sustainable retirement income for Malaysians.
As retirement increasingly spans multiple decades, the gap between accumulated savings and sustainable income generation has become more pronounced.
Whitman intends to play a constructive role in addressing this structural gap by focusing on integrated retirement solutions within a disciplined and accountable framework.
Yap added: “One of the structural challenges in retirement preparation today is fragmentation. Financial decisions are often made and products are bought in isolation, rather than as part of a coordinated long-term income strategy. As longevity increases, this approach becomes increasingly unsustainable.”
“At Whitman, we believe retirement advisory must be integrated and structured. Effective retirement solutions should bring together planning, funding, income management and legacy considerations into one coherent system. Strengthening our foundation through this listing enhances our ability to expand advisory capacity, deepen professional expertise and support more Malaysians in retiring comfortably and worry-free.”
Whitman’s next chapter will focus on strengthening its advisory framework, continuing to develop the next generation of retirement advisors, broadening structured retirement solutions for SMEs and professionals, and contributing to improved retirement literacy in the market. The Company will also continually evaluate ways to enhance its service offerings and explore how emerging technologies, including AI, may complement its advisory capabilities over time.
