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BRIEF-Kenanga Investment Bank updates on SPA with Deutsche Asia Pacific
May 16, 2017 / 11:05 AM / in 5 months

BRIEF-Kenanga Investment Bank updates on SPA with Deutsche Asia Pacific

May 16 (Reuters) - Kenanga Investment Bank Bhd:

* Enters share purchase agreement with Deutsche Asia Pacific to acquire the remaining 1.4 million ordinary shares of Kenanga Deutsche Futures

* Deal for consideration of 10 million rgt

* Proposed acquisition will have an immediate positive effect on earnings and EPS of KIBB for FY ending 31 Dec 2017 Source text: (bit.ly/2rlUJ8J) Further company coverage:

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