Private Security Activities Companies in Malaysia

In Malaysia, private security companies are regulated by the Private Security Industry Act 2001. The Act requires private security companies to be licensed by the Malaysian Ministry of Home Affairs and to comply with certain standards, including having a minimum paid-up capital of RM2 million, a minimum number of employees, and insurance coverage.

Private security companies in Malaysia provide a range of services, including armed security, event security, and VIP protection. They also provide security training and consultancy services.

The private security industry in Malaysia is growing, due to the increasing demand for security services from businesses and individuals. The industry is expected to continue to grow in the future, as the country's economy continues to develop.