Kenanga Investment Bank acquires 19pc stake in Tokenize Malaysia | Malay Mail

📆 2021/02/08 17:29:00
📰 malaymail

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KUALA LUMPUR, Feb 8 — Kenanga Investment Bank Berhad through its private equity arm Kenanga Private Equity Sdn Bhd has announced that it has entered into a conditional agreement to acquire a 19.0 per cent equity interest in Tokenize Technology (M) Sdn Bhd (Tokenize Malaysia). Tokenize Exchange is...

BY ALEXANDER WONG

Kenanga Investment Bank Group Managing Director Datuk Chay Wai Leong said the group is very pleased to be given the opportunity to invest in one of the three licensed digital asset exchanges in Malaysia. — Picture via SoyaCincau Tokenize Malaysia CEO Hong Qi Yu said “We are very pleased to welcome onboard, Kenanga Investment Bank Berhad, one of the leading investment banks in Malaysia, as a key investor.

Tokenize Xchange was initially launched in Singapore by Hong Qi Yu in 2018 and it claims to have over 100,000 customers.

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