June 25, 2024
Business
Kuala Lumpur: Malaysia’s leading independent investment bank, Kenanga Investment Bank Berhad (“Kenanga Group” or “The Group”) has received Bank Negara Malaysia approval to acquire an additional 15.20% equity interest in Merchantrade Asia Sdn Bhd (“Merchantrade”), the country’s largest Money Services Business (“MSB”) operator and leading player in the digital payments space. .