SBI Japannext buys 11.65% stake in N2N Connect


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 now and receive FREE sooka plan for 1 month.
T&C applies.

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

Mida identifies 12 Egyptian companies interested in investing in Malaysia - Tengku Zafrul
Kelington posts RM33mil profit in 3Q24
T7 Global unit bags contract from IPC M’sia
China’s yuan weakens to three-month low
Hartalega posts RM41mil earnings in 1H
Guocoland braces for challenges
Sarawak’s infrastructure growth to boost KKB Engineering
Singapore project to lift Sunway’s 3Q24 earnings
Kerjaya set to gain from JV with Aspen
Pioneering car chip design

Others Also Read