The objective is of providing investors with a single investment platform through which they can access South Asia’s leading frontier markets
PHOTO: EXPRESS
KARACHI: Capital Alliance (CAL) has signed a memorandum of understanding (MoU) with AKD Securities Limited in Pakistan and Lanka Bangla Securities Limited in Bangladesh with the objective of providing investors with a single investment platform through which they can access South Asia’s leading frontier markets.
The MoU, which comes in the backdrop of the inaugural South Asia Investor Conference (SAIC), co-hosted by the three firms in Colombo recently, was signed by Managing Director Nasiruddin Chowdhury on behalf of Lanka Bangla Securities, Chief Operating Officer Naveed Vakil on behalf of AKD Securities and Group CEO Ajith Fernando on behalf of CAL. Amongst many other initiatives, the collaborative effort intends to continue its successful SAIC franchise, on an annual basis, and further its corporate access platform by organising joint reverse roadshows.
Published in The Express Tribune, June 5th, 2018.
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