Nomura, the Asia-based global investment bank, has 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.
The company has reported that in addition to the license, it 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 also recently received a license to provide investment banking and capital markets services in Qatar.
Mr. Siggi Thorkelsson, Head of Equities Asia-Pacific, said: 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.
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,” he added.
