KUALA LUMPUR, MALAYSIA – Media Outreach Newswire – 2 September 2024 – Malaysia’s leading independent investment bank, Kenanga Investment Bank Berhad ("Kenanga Group" or the "Group") announced that it has partnered with leading Singaporean fintech firm Helicap Pte Ltd ("Helicap") in a move to further advance its digitalisation initiatives. The signing ceremony was witnessed by Datuk Chay Wai Leong, Group Managing Director, Kenanga Investment Bank (standing), along with other key representatives. From left: Cheong Boon Kak, Group Chief Financial & Operations Officer, Kenanga Investment Bank Berhad; Datuk Wira Ismitz Matthew De Alwis, Executive Director & Chief Executive Officer, Kenanga Investors Berhad; David Z Wang, Co-Founder & Chief Executive Officer, Helicap Securities; Quentin Vanoekel, Co-Founder & Chief Investment Officer, Helicap Investments; and Jeremy Tan, Co-Founder & Group Chief Operating Officer. As part of this partnership, Kenanga Group, through a fund managed by its asset and wealth management arm, Kenanga Investors Berhad ("Kenanga Investors"), has collectively taken a stake of 8% ("the Investment") in Helicap. The Investment forms Helicap’s Series B funding round, which sees Kenanga Group as lead investor alongside Saison Capital Pte Ltd, the corporate venture capital arm of Credit Saison, one of Japan’s largest non-bank financial companies that […]
Click here to view original web page at www.media-outreach.com
