Malaysia Sdn Bhd, the stockbroking arm of Citigroup commenced equities brokerage operations on Bursa Malaysia. Wan Azmi Wan Hamzah and Singapore stockbroking group GK Goh Holdings Ltd. In 2012, Kenanga IB acquired ECM Libra's investment banking and stockbroking business. A 1% brokerage commission is charged by stockbroking companies. In the mid-1990s, Karvy forayed into stockbroking and advisory businesses. He subsequently founded another stockbroking firm. The other son later became the senior partner in Lewis's stockbroking firm. The Central Bank began an unprecedented investigation into the entire stockbroking community in December 2011. The company competed with already established stockbroking names in Dublin such as Davy's and Goodbodys. During his younger years, he worked for his father, John Hedges, in his stockbroking company. Economic services provided in the town include a call centre, stockbroking and architecture. This was merged with the CMC Markets Australian operation and renamed CMC Markets StockBroking. Their first child, Robert, went on to found the Goodbody Stockbroking company. It was in this environment that J&E Davy set about building up a stockbroking business.