PETALING JAYA: Kenanga Investment Bank Bhd has acquired 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
Kenanga group managing director Datuk Chay Wai Leong (pic) said Merchantrade is one of the fastest growing digital payment and remittance brands in the country.
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