The comedy drama, revolving around a woman gangster boss played by Fann Wong, broke the $0.34 m (RM1.07m) record set by I Not Stupid Too, also directed by Neo, in 2006.
Although it took the fourth place when it opened on Mar 13 on 31 prints, it defied the usual downwards box office trend and shot to the top spot in its second weekend.
'No Singapore films have achieved such box office in Malaysia with a growing momentum instead of receding in its second week. The film has helped us create a viable market there and is on track to hit RM4m ($1.25 m) with seven more prints being added this week,' said Daniel Yun, managing director of MediaCorp Raintree Pictures.
The Singapore-based company and Scorpio East Pictures co-produced the Malaysia-set film with Malaysian start-up Double Vision, the production arm of Vision New Media. BVI handles distribution in Malaysia.
The picture has also emerged as a hit in Singapore with $2.13 m (S$2.94m) after seven weeks and is currently still on release.
Neo whose films have been ruling the Singapore box office for the past decade is now filming Money No Enough Too, which is scheduled for release on Aug 7.