Maybank to boost AUM to $625 mil : Report


Maybank Asset Management (Thailand) targets to raise the Assets Under Management (AUM) to US$ 625 million (20 billion baht) within five years. Maybank Asset Management Group Berhad, its Malaysia-based major shareholder, announced that it would be increasing the the registered capital of Maybank (Thailand) from US$6.5 million to US$8.4 million… Read more »

Bangkok Airways plans to raise $430-m from IPO

Bangkok Airways Public Company Limited, the owner of of Bangkok Airways Airline, Thailand’s oldest private carrier, Monday said it plans to raise up to $430 million through its initial public offering (IPO). The company plans to offer a fourth of its stake to the public, and the 520 million shares will be… Read more »

PS to launch over 60 projects next year

Pruksa Real Estate Public Company Limited (PS) plans to commence at least 60 property projects in 2015 following the recovery of the local real estate industry. The recovery was possible with the government’s supportive investment policy. Chief executive officer Thongma Vijitpongpun said the company is expected to achieve its revenue… Read more »

Thai bourse joins govt roadshow in Oct

The Stock Exchange of Thailand (SET), together with key government units and broker partners, will organize both inbound and outbound roadshows throughout October. The effort aimed to give investors insights into Thailand’s economic direction and increase confidence in Thailand’s domestic and foreign funds. The roadshows targeted to boost investor confidence… Read more »

‘IMPACT Growth REIT’ launches first day of trading on SET

IMPACT Growth REIT, Thailand’s first ever Real Estate Investment Trust, has opened its first day of trading on the Stock Exchange of Thailand (SET) today. After the closing of initial public offering (IPO), Bangkok Land Public Company Limited (BLAND) owned net cash before tax 10.86 billion baht ($ 334.4 m) and generated… Read more »

TTA expands into China F&B business

Thoresen Thai Agencies Public Company Limited (TTA), a listed investment holding company in Thailand, today announces its strategic investment worth 954 million baht ($ 29.4 m) to acquire 9 percent of Sino Grandness Food Industry Group (SINO GRANDNESS), a Singapore-listed canned food and fruit beverage producer and distributor in China. TTA… Read more »