Maybank Kim Eng and Mizuho Securities Co., Ltd have entered into an agreement to expand their regional collaboration in the equity brokerage business for Asian markets.
Under the agreement, Mizuho Securities Co., Ltd and its overseas subsidiaries (collectively “Mizuho Securities Group”) will be able to offer Maybank Kim Eng’s research reports and corporate access services to Mizuho’s institutional clients in Japan. Mizuho Securities Group will channel orders placed by these clients to Maybank Kim Eng Group, who is known for its strong execution capabilities and access to ASEAN markets.
ASEAN is one of the fastest growing regions in the world and the partnership will benefit Mizuho’s institutional clients in Japan, as they will gain from Maybank Kim Eng’s deep and wide knowledge of the region, as well as access to the investment opportunities in the ASEAN markets. Maybank Kim Eng, on the other hand, will be able to leverage Mizuho’s strong franchise in the Japanese domestic market.
Maybank Kim Eng Chief Executive Officer Dato’ John Chong said, “We are pleased to collaborate with Mizuho Securities Group to extend our ASEAN offerings and connect the region’s rich opportunities to investors in Japan. This partnership is a testament of Maybank Kim Eng’s strength in ASEAN, our deep understanding of the region and access to its vast potential.”
The partnership will complement the business of both groups and harbours potential to build new business opportunities and further collaboration in various areas.