Kenanga Investment Corporation signs MoU with Maldives Securities Depository Company

30 March 2016 12:00 am - 0     - {{hitsCtrl.values.hits}}

A A A

Kenanga Investment Corporation Ltd MD/CEO Rohan Senanayake celebrating the signing of the MoU with Maldives Securities Depository Company (Pvt.) Ltd MD/CEO Hassan Manik in the presence of (from left) KICL Manager Corporate Finance Azeem Zubair, Director Surath Peiris and SMB Securities 
Director/CEO Nandun Jayatilleke

 

A Memorandum of Understanding (MoU) was signed recently between Kenanga Investment Corporation Limited (KICL) and Maldives Securities Depository Company (Pvt.) Ltd (MSD).
The MoU was signed by MD/CEO Rohan Senanayake and Director Surath Peiris on behalf of KICL, while MD/CEO Hassan Manik signed on behalf of MSD.


Senanayake explained that with KICL entering into this MoU with MSD, KICL had led the way for a formal endorsement for Sri Lankan investment bankers to take advantage of a range of lucrative corporate finance opportunities in the Maldives.


“KICL has been invited by the Colombo Stock Exchange (CSE) to participate in the proposed investor forum organised in collaboration with the Maldivian Stock Exchange to create awareness among Maldivian corporates on the advantages of listing on the CSE. 


Being the overseas investment arm of Malaysian-listed company K & N Kenanga Holdings Berhard, a highly established financial group in Malaysia with experience over four decades, this MoU expands the depth, breadth and scope of services offered by KICL to the market, leveraging on the strengths we possess,” he said of the group’s operations in equity broking, investment banking, future broking, treasury, corporate advisory, Islamic banking, wealth management and investment management.

 
KICL, established in Sri Lanka in 2007, specializes in capital market activities with its core strengths in investment banking and fund management encompassing a formidable presence in Sri Lanka’s investment banking arena, facilitating the listing of companies, raising corporate debt through listed debentures and providing advisory services for several restructuring ventures, mergers and acquisitions.


Senanayake stated, “Building on the synergies of the Kenanga group’s established presence in Asia and Middle East, through direct equity participations and strategic partnerships in Sri Lanka, Vietnam and Saudi Arabia, KICL is looking forward to expansion within the South Asian Association for Regional Cooperation (SAARC) region, with this MoU being the first step in that process and South India being earmarked next.”

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

  Comments - 0

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

 

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




“Social media ruined us” - husband of Minuwangoda Brandix factory worker

The Minuwangoda Brandix factory worker who first tested positive for Covid-19

Last rites far from home

The body of the Sri Lankan migrant worker Bandu who died of coronavirus in Du

Doctors blame newborn for gash on her face

A baby born on September 21 at the Wathupitiwala Base Hospital in Gampaha has

Minuwangoda Covid-19 cluster expands

Here’s what we know so far about Sri Lanka’s Covid-19 cluster number 33

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.