The operation is licenced by the Labuan Financial Services Authority, Globaleye said in a statement.
The company did not give the address, as it is in the process of moving from a temporary accommodation, according to Tim Searle, Globaleye’s chairman and founder.
Globaleye also has offices in Singapore, Hong Kong and Shanghai, and employs some 250 people.
Named to head up Globaleye (Labuan) Ltd, as director and vice president, is Jamie Lee. Prior to joining Globaleye, he had been senior vice president and an adviser at Singapore-based Jigsaw Wealth.
Noting that Malaysia has grown “ at a phenomenal rate” in recent years, Lee said the country was an astute choice for Globaleye, as the company seeks to expand its international footprint outside of its Persian Gulf base.
Searle, who recently returned from a six-day hike along the Great Wall of China to benefit a Beijing charity for visually impaired children, said the “client proposition” Globaleye had honed in the Middle East was being “well received in Asia”.
