via Khmer NZ
Wednesday August 4, 2010
PETALING JAYA: OSK Holdings Bhd (OSKH) announced that the Securities and Exchange Commission of Cambodia has granted an approval-in-principle to OSK Indochina Securities Ltd (OSKISL), an indirect subsidiary of OSKH, to act as a securities underwriter in Cambodia.
OSKISL is a wholly-owned subsidiary of OSK Indochina Bank Ltd, which is in turn, wholly-owned by OSK Investment Bank Bhd (OSKIB). OSKIB is wholly-owned by OSKH.
As a securities underwriter, OSKISL is permitted to advise on public offerings, to carry on underwriting, securities dealing, securities brokerage and investment advisory activities in Cambodia. — Bernama
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