Reply To:
Name - Reply Comment
Last Updated : 2022-08-09 00:10:00
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.”
Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.
Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.
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
Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.
The public has once again been advised to wear masks to prevent the spread of
In Palawela Udaniriella, an 8-year-old girl became the victim of Grave Sexual
These questions have been buzzing in our heads over the past few weeks as hea
A serious shortage of fuel, gas and other essential items as a result of the