Thursday, 1 December 2011

Silver Ridge, Huatai Securities in pact

Silver Ridge Holdings Bhd and a unit of Huatai Securities Co, signed a preliminary agreement aimed at exploring business opportunities in China and Malaysia, according to a statement to the Kuala Lumpur Stock Exchange.

The two companies are also considering developing a brokerage business in Malaysia and other business and investment opportunities in the Southeast Asian nation, Silver Ridge said. -- Bloomberg



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