The JV, SCIC Morgan Stanley Securities, will be based in Hanoi and will shortly apply for relevant licenses. It expects to start operations by the end of calendar 2007. SCIC Morgan Stanley Securities intends to provide investment banking products such as MA advisory and capital markets underwriting, equity and debt sales and trading, equity and fixed income research, investment advisory, proprietary investment and custody services.
Capitalisation of the joint venture and ownership details between the partners were not disclosed. The two partners will hold equity in the joint venture together with...
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