A Memorandum of Understanding was signed recently between Kenanga Investment Corporation Limited (KICL) and the Maldives Securities Depository Company ( Pvt ) Ltd (MSD). The MOU was signed by MD/CEO Rohan Senanayake and Director Surath Peiris on behalf of KICL, while the MD/CEO Hassan Manik signed on behalf of the MSD.

Senanayake explains that with KICL entering into this MOU with the MSD, KICL has led the way for a formal endorsement for Sri Lankan investment bankers to take advantage of a range of lucrative corporate finance opportunities in the Maldives.