Kenanga buys stake in Merchantrade 

KUALA LUMPUR: Kenanga Investment Bank Bhd has purchased a 4.99% equity interest in Malaysia’s largest Money Services Business operator Merchantrade Asia Sdn Bhd.

This follows Kenanga’s recent collaboration with Merchantrade to introduce Malaysia’s first stockbroker e-wallet, Kenanga Money.

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Kenanga Investment Bank , Merchantrade

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