KUALA LUMPUR: JF Apex Securities Bhd (JF Apex) and Mercury Securities Sdn Bhd (Mercury) today entered into an agreement to merge their stockbroking operations.
Apex Equity Holdings Bhd (Apex), the parent company of JF Apex, said Mercury had agreed to transfer its entire business comprising stockbroking and corporate advisory, together with the requisite business assets and business liabilities, into JF Apex for RM140mil.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!