SBI Japannext buys 11.65% stake in N2N Connect


  • Business
  • Thursday, 27 Dec 2018

PETALING JAYA: Japanese online broker SBI Japannext Co Ltd has bought a strategic investment stake of 11.65% in N2N Connect Bhd, allowing for collaboration in developing alternative trading systems (ATS) for the Asian region.

This is the second Japanese firm to have shown interest in N2N. Presently, N2N’s second largest shareholder is Japanese financial services group SBI Holdings Inc which holds a 19.9% stake.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , N2N , SBI , Japannext

   

Next In Business News

Ringgit to trade in tight range of 4.46-4.48 versus US dollar next week
Building a firm facade
Portfolio positioning under Trump era
Singapore playing roulette with casino licensing
RHB, CGC in LCTF portfolio guarantee deal
Market struggles to find direction
Capitalising on future trade tariffs
Bidding big on Malaysian art
Inflation rises slightly in October
Shedding light on power sector prospects

Others Also Read