OSK ties up with Japanese firm
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OSK ties up with Japanese firm
OSK Investment Bank Bhd is expected to attract more Japanese investors into the ASEAN market with the announcement of a strategic alliance with SBI Holdings Inc, a leading Internet-based financial conglomerate based in Tokyo, Japan.
In a statement today, OSK Investment said with the establishment of this alliance, it will be able to offer stocks handled by OSK to customers of SBI Securities Co Ltd via the connection of online trading systems.
OSK Investment said it will also be able to offer newly listed issues and public and corporate bonds, and development and sales of investment trusts and offer various market research reports prepared by the OSK research team which covers over 400 stocks across the region to customers of SBI Securities.
It said it also could offer Merger and Acquisition matching and advisory services, targeting Japanese and Malaysian corporations.
Additionally, OSK Investment said the existing clients will stand to enjoy added benefits as they will now have access to additional markets through both service providers and will now have the access to various stock market exchanges via an online trading platform.
According to OSK Investment, the alliance was its parent OSK Holdings' second strategic alliance in Japan following the earlier signing of a Memorandum of Understanding with Okasan Securities Company Limited earlier in March 2011. -- BERNAMA
In a statement today, OSK Investment said with the establishment of this alliance, it will be able to offer stocks handled by OSK to customers of SBI Securities Co Ltd via the connection of online trading systems.
OSK Investment said it will also be able to offer newly listed issues and public and corporate bonds, and development and sales of investment trusts and offer various market research reports prepared by the OSK research team which covers over 400 stocks across the region to customers of SBI Securities.
It said it also could offer Merger and Acquisition matching and advisory services, targeting Japanese and Malaysian corporations.
Additionally, OSK Investment said the existing clients will stand to enjoy added benefits as they will now have access to additional markets through both service providers and will now have the access to various stock market exchanges via an online trading platform.
According to OSK Investment, the alliance was its parent OSK Holdings' second strategic alliance in Japan following the earlier signing of a Memorandum of Understanding with Okasan Securities Company Limited earlier in March 2011. -- BERNAMA
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