FASK Holding Sdn Bhd is an investment holding company founded by Dato’ Nik Mod Amin Nik Abd Majid. FASK Group of Companies, its subsidiaries, and associated companies are principally involved in the business of Financial Services, Agriculture, Healthcare, Technology, Environment & Utilities, Trading, Education, and Security Services.

The group started its journey from a coin minting business under the name The Royal Mint Exchange Sdn Bhd which later changed its name to FASK Capital Sdn Bhd to undertake strategic investments under its core business units.

In 2006, the group started to expand its offerings into an e-money company offering micropayment systems for SME’s with a partnership with POS Malaysia Berhad under the name Pospay Exchange Sdn Bhd. The group later expands its business in 2007 into the first wholesale money exchange business licensed under Bank Negara Malaysia to undertake import and export of foreign currency banknotes under the name Metro Money Exchange Sdn Bhd which was sold to a public listed company in 2019.

In 2012, FASK Group acquired a licensed Financial Advisory firm by the name of WG Advisory Sdn Bhd which was later changed into Amanie Corporate Advisors Sdn Bhd. In 2014, the firm successfully acquired Capital Investment Bank (Labuan) Limited, an offshore investment bank from K&N Kenanga Holdings Berhad. Amanie Corporate Advisors Sdn Bhd was later rebranded into FCA Capital Sdn Bhd.

In 2016, the company accelerated into various industries which saw one of its single-purpose subsidiary Konsortium KAJV Sdn Bhd successfully awarded with an MYR 1.31 Billion contract to design and build a water treatment plant from the Terengganu State Government. The project successfully rated AA-IS RM 1 Billion Sukuk Wakalah Programme.

In 2018, the Group expands into Technology 4.0 industries which saw the founding of Pacton Technologies Sdn Bhd to venture into Communications Technology, Artificial Intelligence, IoT, and Platform as a Service (PaaS) businesses. To date, the technology arm of FASK Group has raked an order book of MYR 20 Million Build & Design of CPE Devices after only 2 years of its founding.

FASK Group has over 36 portfolio companies, subsidiaries operating in Malaysia and Indonesia with a simple vision to be a purpose-driven group embedded with a culture of integrity, innovation, and value creation.