ZICO’s story began in 1987, with the establishment of the law firm, Zaid Ibrahim & Co. In 1992, ZICO Corporate Services Sdn Bhd was established to provide incorporation and company secretarial services.
By 1996, ZICO had expanded beyond Kuala Lumpur and diversified its related services, by setting up ZICO Trust Limited, with the aim of providing offshore services, including trust and private client services, trustee services and Labuan company incorporation services.
Between 2002 and 2012, the company entered a period of rapid regional expansion in Southeast Asia and diversified into other related services. In 2010, ZICO was incorporated under the Labuan Companies Act as a company limited by shares under the name of “ZI Holdings Inc”.
By 2014, ZICO Holdings listed on the Singapore Stock Exchange’s Catalist Board, making the company the first Labuan-incorporated company to be listed on a foreign stock exchange. As Labuan is deemed as an acceptable jurisdiction by the Exchange having met all the regulatory requirements, the listing in Singapore by ZICO Holding was a smooth process.
Mr Chew Seng Kok, ZICO Holdings Managing Director recounts how his company became the first Labuan entity to be listed on a foreign stock exchange.