Financial Titans Converge: Instrak Acquires GA Skylight in a Landmark Deal!

A seismic shift just rocked the financial landscape! On June 13, 2025, Instrak Venture Capital Berhad (IVCB) announced its definitive capital commitment to acquire GA Skylight Berhad (GASB). This monumental "Next Level of Collaborative Acquisition" sees Instrak and Dato Dr. Kahar injecting substantial capital to propel GASB's expansion and seize a dominant foothold in Malaysia's vibrant financing and investment sector.

Why This Acquisition Will Redefine the Market!

This isn't just an acquisition; it's a strategic masterstroke. Instrak's CEO, Dato Dr. Kahar, revealed the driving force: Instrak's ambition to replicate a formidable, all-encompassing team, mirroring the exceptional Private Wealth team GA Skylight has already cultivated. Dato Dr. Kahar is resolute that this unified front will catapult both entities to unparalleled heights of corporate growth and operational excellence. This endeavor is fundamentally fueled by a shared vision to forge a stronger, more resilient, and ultimately, more successful organization.

GA Skylight: A Legacy of Unrivaled Performance

GA Skylight brings an extraordinary pedigree to this union. The Skylight Group boasts an enviable roster of multi-disciplinary C-Suite professionals, including Chairman Dato Abdul Manap (former CEO of Bank Muamalat) and Group Managing Director Dato Dr. Zairulnizad Shahrim (former CEO of AM Islamic Fund Management). Their investment prowess is legendary, blending global perspectives with localized strategies to execute everything from ground-up project builds to value-accretive Mergers & Acquisitions and IPOs.

Despite tumultuous market volatility, GA Skylight Berhad has delivered an astounding almost RM 140 million (to date) in distributions, commanding Assets Under Management (AUM) of approximately RM 250 million over the past six years. Their influence extends globally, having successfully closed deals across Malaysia, Dubai, Australia, Singapore, NASDAQ, and Hong Kong. Furthermore, GA Skylight maintains rigorous ISO certifications, unwavering Shariah compliance, holds a corporate finance license from the onset of its operations, and is actively pursuing an Islamic fund management license to further expand its already extensive offerings. The company has also established invaluable partnerships and working relationships with reputable institutions and various publicly listed companies. Over the years, Skylight Group has managed to develop, nurture and mature a viable and market relevant project financing and investment ecosystem. These undeniable strengths were pivotal in IVCB and Dato Dr. Kahar's decisive move to swiftly pursue this collaborative acquisition of GA Skylight Berhad.

Dato Dr. Zairulnizad Shahrim (left), Dato Dr Kahar Kamarudin (right)

Instrak’s Global Vision and Unmatched Expertise

Established in 2000, Instrak Venture Capital Berhad (IVC) is a true titan in digital banking, fintech solutions, and corporate finance. Instrak provides comprehensive financial solutions to industries poised for next-generation growth , having facilitated nearly RM1.8 billion in diverse financial solutions over two decades. As a responsible corporate entity, Instrak collaborates with both local and international business investors, excelling in corporate finance & strategy, digital banking solutions, financial technology, and investment management. With strategic acumen and profound market expertise, Instrak has consistently identified lucrative global opportunities, spearheading corporate recoveries through disciplined, leveraged turnarounds and elevating SMEs to new commercial heights. As a long-time ally and corporate finance partner of Instrak, GASB has to-date delivered almost RM140 million in impressive distribution on the back of an attractive AUM of around RM250 million.

The Dawn of a New Era: What Lies Ahead

GASB has already received the initial funding tranche of Instrak’s committed investment in early June 2025, with further substantial injections (of up to RM 80 million) slated to flow in progressively. In a testament to this powerful union, Dato Kahar will be joining the board, acknowledging Skylight Group’s proven business leadership and Instrak’s expanding stewardship. This landmark acquisition is set to expand the combined team significantly, bringing in new professionals and staff to effectively manage increasing operational demands and risk imperatives.

Dato Dr. Zairulnizad Shahrim

Dato Dr. Zairulnizad Shahrim, Group Managing Director of GA Skylight, firmly believes this collaboration will unleash transformative changes and exclusive opportunities for all stakeholders, particularly their cherished clients, partners, and vendors who have consistently supported them. This symbolic event, held at the prestigious Kuala Lumpur Golf & Country Club, heralds an electrifying new chapter, destined to amplify their impact and decisively shape the future of the industry. Both entities are unequivocally dedicated to working closely with their collaborative partner throughout this transition, serving all stakeholders with the same dedication and foresight.