OSK Investment Bank Bhd entered into a strategic alliance ith SBI Holdings Inc, a Japanese Internet-based financial conglomerate.
This was meant to lure more Japanese investors to Asean.
OSK Investment Bank can now offer stocks handled by OSK to SBI Securities Co Ltd customers online.
It will also offer market research reports prepared by the OSK Research team as well as merger and acquisition matching and advisory services, targeting Japanese and Malaysian corporations.
This is OSK’s second strategic alliance in Japan following the signing of a memorandum of understanding with Okasan Securities Co Ltd in March 2011.
Existing OSK clients will stand to enjoy added benefits as they will now have access to additional markets through both service providers, and also the various stock exchanges via an online trading platform.
SBI aims to pursue greater global synergy by providing Japanese customers with financial instruments such as stocks, public and corporate bonds, and investment trusts from countries in which OSK operates.
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