PETALING JAYA: Kenanga Investment Bank Bhd
(KIBB), a unit of K&N Kenanga Holdings Bhd (Kenanga Holdings), has inked a Subscription Agreement (SA) and a Joint Venture (JV) Agreement with Rakuten Securities Inc to jointly provide online brokerage services.
In a filing with Bursa Malaysia, Kenanga Holdings said the brokerage services would be rendered through EB Global JV Sdn Bhd, formerly ECML Nominees (Asing) Sdn Bhd, subject to regulatory approvals.
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