PhillipCapital Group, a Singapore- based financial services provider, started brokerage operations in Turkey after buying Hak Menkul Kiymetler AS in March, the company said.

The company, which has operations in 16 countries, will announce its investment plans for Turkey at a news conference Sept. 5, it said in an emailed statement today.

To contact the reporter on this story: Ercan Ersoy in Istanbul at eersoy@bloomberg.net

To contact the editors responsible for this story: Benedikt Kammel at bkammel@bloomberg.net