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Sunday, 5 June 2011

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Kenanga marks its presence in Sri Lanka

Kenanga Investment Corporation Ltd. launched into the Sri Lankan market recently with the IPO for Panasian Power PCL, Listing for Commercial Credit Ltd. and the Debenture issue for Central Finance PLC.

Backed by global recognition and expertise, the company's parent entity K&N Holdings Berhad Malaysia has Kenanga Investment Corporation extends the full spectrum of financial advisory services to the Sri Lankan market.

Through its corporate financial restructuring division, Kenanga works with companies to deliver an advisory service throughout the financial restructuring process, including structuring, managing and placing of securitisation transactions, employee share schemes and creating access to investment products.

Kenanga also specialises in capital funding services, with core strengths including corporate listings, corporate debt, commercial financing bonds,

Company CEO Shahid Sangani said that with over Rs.10 billion worth of potential and concluded transactions, 'Kenanga's success in providing viable financial solutions to address clients' strategic, financial and investment needs is well established.

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