About Us

About IFS Capital (Malaysia) Sdn Bhd

Who we are

IFS Capital (Malaysia) Sdn Bhd was incorporated in Malaysia in June 2006 and is a subsidiary of IFS Capital Limited of Singapore. IFS Capital Limited was listed in the Singapore Exchange and it has regional offices in Singapore, Thailand, Malaysia and Indonesia. The Group also provides bonds and guarantees, credit insurance and general insurance through its wholly-owned subsidiary, ECICS Limited.

We are part of the PhillipCapital network of companies, an integrated Asian financial house with a global presence that is able to service you with a full range of solutions covering individuals, family offices, and corporate and institutional clients. As a Group, we have funded more than S$1 billion to Micro, Small and Medium Enterprises (MSMEs) in Singapore, Thailand, Malaysia and Indonesia

Our Profile

We are well-equipped to assist companies in Malaysia. 

IFS also have operations in Indonesia and Thailand .

On 1st June 2006, IFS Capital (Malaysia) Sdn Bhd “IFS (M)” was incorporated, as a subsidiary of IFS Capital Limited “IFS”. Its principal activity is the provision of financial services such as Factoring, Leasing and Hire Purchase to businesses in Malaysia. IFS is an established financial services group involved in commercial finance, structured finance and alternative finance. IFS products include factoring, mortgage, shipping loans, project financing, private equity and equipment loans. The Group also provides credit insurance, bonds and guarantees. Incorporated in Singapore in 1987, the company was listed on the main board of the Singapore Exchange in July 1993.

Our Journey 


To be premier regional financial services provider to
our clients through commitment to service excellence, creating sustainable value for our stakeholders.

Our Mission

IFS Capital (Thailand) Publice Company Limited listed on the Stock Exchange of Thailand

Our Vision

“To be the first choice financial services company of small and medium enterprises in Malaysia.”


Export Credit Insurance Corporation of Singapore was set up to promote the county’s export drive


Expanded from credit insurance to financing, with the incorporation of International Factors (Singapore) Ltd

1990 - 1992

Regional expansion into Indonesia, Malaysia, Philippines and Thailand


IFS Capital Limited listed on the mainboard of the Singapore Exchange


Philip Assets became the largest shareholder after shareholder’s restructuring 


IFS Capital (Thailand) Publice Company Limited listed on the Stock Exchange of Thailand


IFS became subsidiary of Phillip Assets after a rights issue

Corporate Structure

Management Team Members

Mr. Ab. Razak bin Khalil

Chief Executive Officer 


Alice Tan Kam Mei

Head of Finance & Admin


Wong Sew Bee, Sally

Head of Operations

Azura A. Wahab

Head of Business Development 

Sharefa binti Mohamed Sher

Head of Credit Risk Management