Mon, 17 Jul 1995

Kleinwort-Mashill deal

JAKARTA (JP): Kleinwort Benson Securities of Britain has agreed to strengthen the research activities of PT Mashill Jaya Securities.

Mashill's president, Makki Widjaya, said on Saturday that the British company would also cooperate in marketing activities under the cooperation agreement signed last week.

Mashill, a member of the Jakarta and Surabaya stock exchanges, is an affiliate of the publicly-listed Mashill Bank. Kleinwort, one of securities companies listed on the London Stock Exchange, is a member of the New York, Tokyo, Hong Kong and Paris stock exchanges.(hen)