Moomoo Malaysia Opens Its First Store in Penang, Expanding Its Reach into Northern Malaysia

From left: Joey Du, Marketing Director of Moomoo Malaysia; Wick Ma, Head of Channel and Partnerships of Moomoo SEA; Erika Chiang, Chief Marketing & Growth Officer of Moomoo SEA; Dennis Jee, CEO of Moomoo Malaysia; Datuk Nicol David, Moomoo Malaysia's Brand Ambassador; Sylvester Soh, Centre Manager of Queensbay Mall.

Moomoo Malaysia Opens Its First Store in Penang, Expanding Its Reach into Northern Malaysia

PENANG, MALAYSIA, 23 October 2026 — Moomoo Securities Malaysia Sdn. Bhd. (“Moomoo Malaysia”) today officially opened its first store in Northern Malaysia at Queensbay Mall, Penang. The opening marks the company's fourth store in Malaysia and its first in the northern region, extending its physical presence beyond the Klang Valley.

Located on the ground floor of Queensbay Mall (Lot 132-135), the store provides Penangites with a dedicated space to explore Moomoo's investing tools, learn about financial markets and receive in-person guidance. Building on the company's existing engagement in Penang, the new location aims to make investor education and platform support more accessible to communities in Northern Malaysia.

Erika Chiang, Chief Marketing & Growth Officer of Moomoo SEA, said, "As we expand our presence in Malaysia, Penang marks an important step in growing our footprint beyond the Klang Valley. Through our local events, we’ve had the opportunity to meet investors here and hear their feedback firsthand. Opening our first store in Northern Malaysia allows us to build on these connections and strengthen our ties with the Penang community."

Dennis Jee, CEO of Moomoo Malaysia, said, “Penang has a growing community of people interested in investing, and we want to make it easier for them to access the tools and support they need. This store reflects our commitment to bringing investing education closer to more northern Malaysians. We want every Penangite who is curious about investing to have a place to walk in, ask questions and build the confidence to take their first step.

We want the Moomoo Store in Penang to be a welcoming space where people can explore our platform, ask questions and learn more about investing at their own pace. Whether they are just starting to learn about the markets or looking to make better use of our tools, we hope the store gives them another way to engage with Moomoo and build their knowledge."

Datuk Nicol David, Moomoo Malaysia’s Brand Ambassador, said, “Penang made me who I am, long before any of my titles did. Coming back here to see Moomoo Malaysia open its doors to the community that shaped me means a lot. Investing, like squash, isn’t about getting everything right from day one. It is about showing up, putting in the work and trusting that the fundamentals will carry you. I hope this store encourages more Penangites to learn about investing and take their first steps with greater confidence.”

Erika added, "Having Datuk Nicol David join us for the opening makes this occasion even more meaningful. As a proud Penangite, she embodies the values of discipline, perseverance and continuous learning. Through our partnership with her and the Nicol David Organisation, we also hope to make a positive contribution to the community and create more opportunities for young people.”

Bringing AI-Powered Investing Tools Closer to the Community

The new store will provide Northern Malaysians with an opportunity to explore Moomoo’s AI-powered investing tools through hands-on demonstrations and guidance from the store team. Through in-person guidance and onboarding support, the Penang store will help visitors familiarise themselves with these tools and understand how they can support their market research. Moomoo Malaysia also plans to organise educational workshops with partners, extending learning engagements to investors in the region.

As part of the store launch celebrations, attendees will also have the opportunity to play pickleball with Datuk Nicol David, bringing the community together through sport. The launch also builds on the company's partnership with the Nicol David Organisation (NDO), under which Moomoo Malaysia pledged RM100,000 to support the organisation's Smart Mooves programme.

The opening underscores Moomoo Malaysia’s continued investment in its physical presence and commitment to making investing tools, education and support more accessible to Malaysians. With further expansion planned, the company aims to reach more communities across the country and support investors at different stages of their investing journey.