K&N Kenanga Doesn’t Expect Further Write-Downs, Star Reports

K&N Kenanga Holdings Bhd. doesn’t expect further write-downs after saying it would report additional impairment charges of 44.3 million ringgit in the fourth-quarter ending Dec. 31, the Star reported, citing Kenanga Investment Bank Chief Executive Officer Lee Kok Khee.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.