Nomura to start cash equities business in Malaysia
Hong Kong, July 10, 2009 – Nomura, the Asia-based global investment bank, today announced the establishment of its cash equities business in Malaysia after the Securities Commission granted Nomura Securities Malaysia Sdn Bhd a special scheme stock broking license.
Nomura Securities Malaysia is the sixth special scheme broker to be established in Malaysia. Nomura's new cash equities business is expected to encourage greater flow of funds into Malaysia from Nomura's global network, including from Japan and the Middle East, and promote the Malaysian capital market to global investors.
Nomura also recently received a license to provide investment banking and capital markets services in Qatar in the Middle East, complementing its existing businesses in Bahrain, Dubai, and Riyadh. Consequently, Nomura is now well positioned to further support the Malaysian capital markets and promote Islamic financial instruments.
In addition to the license, Nomura will also be registered as a participating organization with Bursa Malaysia Securities, and will be able to trade Malaysian equities for its Malaysian and global clients.
Nomura's head of Equities Asia-Pacific, Mr Siggi Thorkelsson, commented on the new business. "The commencement of a cash equities business in Malaysia with a focus on Middle East investors represents another milestone in our ambition to create the leading Asia-Pacific equities house with global capabilities and reach backed by a strong research platform."
Mr Siggi Thorkelsson continued: "Nomura has had a presence in Malaysia since 1993 with a particular focus on providing corporate advisory services to Malaysian institutions. The announcement today is further evidence of Nomura's strong commitment to grow its business in Malaysia and link Asia with the Middle East and the rest of the world."
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For further information please contact:
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| Name | Company | Telephone |
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| Matthew Russell | Nomura | +852 2252 6014 |
| Anne Lui | Nomura | +852 2252 6451 |
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Nomura
Nomura is a leading financial services group and the preeminent Asian-based investment bank with worldwide reach. Nomura provides a broad range of innovative solutions tailored to the specific requirements of individual, institutional, corporate and government clients through an international network in over 30 countries. Based in Tokyo and with regional headquarters in Hong Kong, London, and New York, Nomura employs about 26,000 staff worldwide. Nomura's unique understanding of Asia enables the company to make a difference for clients through five business divisions: retail, global markets, investment banking, merchant banking, and asset management. For further information about Nomura, please visit www.nomura.com.