Malaysia’s third largest investment bank Kenanga grows presence in Lanka

Tuesday, 24 May 2011 00:00 - - {{hitsCtrl.values.hits}}

Malaysia’s third largest investment bank Kenanga Investment Corporation Ltd. has marked its presence in the Sri Lankan market recently with the IPO of Panasian Power PCL, Listing by way of Commercial Credit Ltd. and Debenture issue for Central Finance PLC.

The successful conclusion of these transactions marks the extension of an international reputation of stability and excellence as the company unveils a new chapter in capital markets.

Backed by the trusted global recognition and expertise the company’s parent entity, K&N Holdings Berhad Malaysia enjoys, Kenanga Investment Corporation extends the full spectrum of financial advisory services to the Sri Lankan market.

Established in 1973, K&N Kenanga Holdings Berhad is a premier provider of wealth management, corporate finance and investment banking services. Throughout its history K&N Kenanga has earned global recognition for high quality, innovative and specialised investment solutions to corporate and individual clients. With an established presence in Asia and the Middle East, the company serves an international clientele through an enviable network of connections, offering a wide and comprehensive reach to domestic and international financial markets.

Through an array of niche services that include corporate financial restructuring, capital funding and fund management, Kenanga leverages on the global network of connections and potential investors it enjoys through its affiliations with K&N Holdings Berhad to offer clients unparalleled access to financial instruments, thereby immeasurably increasing success and growth potential.

Through its corporate financial restructuring division Kenanga works with companies to deliver a thorough advisory service throughout the financial restructuring process, including structuring, managing and placing of securitisation transactions, employee share schemes and creating access to investment products. Through these and other services Kenanga’s aim is to help companies emerge from the restraints of traditional financial methods and create access routes to high-performing instruments designed to ensure fiscal success.

Kenanga also specialises in capital funding services, with core strengths including Corporate Listings, Corporate Debt, Commercial Financing, Bonds, etc. Company CEO Shahid Sangani reveals that with over Rs. 10 billion worth of potential and concluded transactions ‘Kenanga’s success in providing viable financial solutions to address clients’ strategic, financial and investment needs is well established’.

Through its fund and Wealth management services to be set up in the near future Kenanga will offer Through highly specialised and individualised investment management services including investment funds, gilt-edged securities and other investments tailored to a broad spectrum of individual and corporate clients.