Maybank Kim Eng Collaborates with South Koreas Daishin Securities To Expand Equities Footprint In Asia

Stocks and Financial Services Press Releases Thursday December 1, 2016 10:51
Bangkok--1 Dec--Maybank Kim Eng

Maybank Kim Eng announced today that it is collaborating with Daishin Securities, one of South Korea's top tier brokerage firms, to expand its equities footprint in Asia and to provide its clients with access to the South Korean stock market.

Maybank Kim Eng Group Chief Executive Officer, Dato' John Chong said: "We are pleased to collaborate with Daishin Securities to provide our clients access to South Korea's deep and diverse stock exchange, which is the 6th largest in Asia and 11th largest in the world by market capitalisation as at end November 2016. South Korea is a world leader in consumer electronic products innovation, particularly for mobile communications and televisions. It is also a key global player in the automotive industry, and Korea Stock Exchange is home to many of these companies. As ASEAN's investment bank, we not only bring investments into ASEAN, we are also constantly seeking out investment ideas and opportunities for our ASEAN clients within and beyond the region.

He added, "Maybank Kim Eng currently has the largest equities franchise in ASEAN and this collaboration will widen our footprint in North Asia. Together with our partnerships with Taiwan's Cathay Securities, Japan's Mizuho Securities, as well as our presence in Hong Kong, we now have a comprehensive coverage of the key capital markets in Asia. We will continue to pursue this strategy of forming non-equity based alliances with strong partners to expand into new pertinent markets."

Maybank Kim Eng is the fully-owned investment banking arm of Maybank, one of Asia's leading banking groups and South East Asia's fourth largest bank by assets. The Maybank Kim Eng group of companies comprises businesses stretching around the globe with offices in Malaysia, Singapore, Hong Kong, Thailand, Indonesia, Philippines, India, Vietnam, Saudi Arabia, Great Britain and the United States of America. Maybank Kim Eng has been in Asia for more than 40 years and provides services in corporate finance, debt markets, equity capital markets, derivatives, retail and institutional securities broking and research. A leader in many of the Asian markets that it operates in, Maybank Kim Eng has won numerous prestigious awards in the markets that it serves.


Latest Press Release

USD120,000 at stake in CIMBs 3D Conquest to unearth ASEANs top #digital talents Competition sets path for nurturing crucial skills in data science, FinTech and coding among tertiary students

CIMB Group Holdings Berhad ("the Group" or "CIMB") has launched the CIMB 3D Conquest, a competition that aims to identify and attract ASEAN's top creative, young digital talent with an agile and entrepreneurial mindset. Open to all tertiary students, the...

Allianz to become Worldwide Olympic Insurance Partner

The International Olympic Committee (IOC) and Allianz today announced that the insurer will join the "Worldwide Olympic Partner" (TOP) Programme in 2021. Through this sponsorship agreement, Allianz will work with the IOC to provide innovative and...

BYFX Global Co., Limited Announces Business Launch

BYFX Global Co., Limited (BYFX Global) today announced the launch of its retail and institutional business -- offering clients around the globe top-tier liquidity and online OTC trading for Spot FX and Spot Bullion[1]. Striving towards financial...

2018 Robot World to Suggest Direction for the Fourth Industrial Revolution

Showcasing the latest robot technologies from around the world, the 2018 Robot World will be held at KINTEX, Korea from October 10-13, 2018. The Robot World (eng.robotworld.or.kr/wp), celebrating its 13th anniversary this year, consists of four main...

ชวนผู้ประกอบการเรียนรู้เส้นทางความสำเร็จของสตาร์ทอัพแอปพลิเคชัน เคลมดิ อังคาร 25 ก.ย. นี้

ตลาดหลักทรัพย์ฯ ขอเชิญผู้ประกอบการ Social Enterprise (SE) SMEs และ Startup ร่วมอบรมครั้งพิเศษในโครงการ SET Social Impact Gym หัวข้อ "Fintech vs Social Startup... Lesson Learned..." พบกับสตาร์ทอัพเจ้าของแอปพลิเคชัน "เคลมดิ" (Claim Di)...

Related Topics