Prebon Launches Labuan Office To Broaden Regional Activities

BROKERS

Prebon Yamane's Fulton Prebon (L) Ltd subsidiary is due to open an office in Labuan, Malaysia, this month, says an official. The "soft" office opening in early June is to be followed by an official opening later in the month at a date yet to be announced, says the official.

A team of two spot and forward brokers and a general manager (who has not yet been recruited) will cover forex and treasury products. Staff at the Labuan office will report to Lee Cheong Tuck, general manager at Fulton Pre