Wednesday October 23, 2019 09:53

Stocks and Financial Services Press Releases

SET welcomes food ingredient manufacturer RBF on Oct 24 Stcoks—22 Oct 19

The Stock Exchange of Thailand (SET) will list R&B Food Supply pcl, a food ingredient manufacturer and distributor, on October 24, under the ticker symbol "RBF". The company has a market capitalization at its initial public offering (IPO) of THB 6.60

MFC Asset Management launches its new rising dividend fund, MFC Dividend Asia Fund (MDIVA) IPO: October 18-28, 2019 Stcoks—22 Oct 19

MFC Dividend Asia Fund (MDIVA) seeks increasing dividend income over time, long-term growth and a reasonable level of current income from investment in dividend-paying stocks in both Thailand and throughout Asia. The fund will pay dividend no more than 4

Photo Release: KTC joins hands with UnionPay in providing cardmembers who shops in Europe special Stcoks—22 Oct 19

Ms. Sudchavee Banjobdee, Vice President - Credit Card Business, "KTC" or Krungthai Card Public Company Limited, jointly with Ms. Apinya Rojanavorakul, Business Management Manager, UnionPay International, provide cardmembers who make transactions valued

Photo Release: EXIM Thailand Provides 3 Million USD Loan to Lao PDRs BCEL to Boost Lao PDRs Import Stcoks—21 Oct 19

Mr. Pisit Serewiwattana (second right), President of Export-Import Bank of Thailand (EXIM Thailand), Mr. Phoukhong Chanthachak (second left), General Managing Director of Banque Pour Le Commerce Exterieur Lao Public (BCEL), recently witnessed the signing

CIMB Group Announces New CEO for CIMB Thai Stcoks—21 Oct 19

CIMB Group ("CIMB" or "the Group") today announces the appointment of Khun Adisorn Sermchaiwong as President and Chief Executive Officer for CIMB Thailand, effective 19 October 2019. The appointment is part of the Group's long-term strategy to ensure

PwC Thailand urges business operators to prepare themselves and get ready for amendments to the law Stcoks—21 Oct 19

PwC Thailand advises business operators to prepare themselves to be ready for changes in the law and tax rules and regulations after the transfer pricing provisions were enacted into law, and the effects of the new accounting standard on tax compliance.

Company finances at risk due to perpetual bonds being reclassified as debt in 2020, PwC Thailand Stcoks—21 Oct 19

PwC Thailand has warned about changes in the way financial instruments are classified under the new Thai Accounting Standards (TAS 32). This standard may result in perpetual bonds being reclassified from equity to liabilities in financial

KASIKORNBANK announced the nine-month period of 2019 net profit of Baht 29,924 Stcoks—21 Oct 19

Ms. Kattiya Indaravijaya, President of KASIKORNBANK, said Thai economic activity in the third quarter of 2019 continued to see few supports, after growing by 2.30% in the second quarter of 2019. The Thai economy showed signs of strength in the third

KBank launches automated currency exchange machine to please globetrotters with best rate Stcoks—21 Oct 19

Mr. Amorn Suvachittanont (left), KBank First Senior Vice President, and Mr. Manabu Shintani (right), Chief Executive Officer of ActPro Co., Ltd., unveiled automated currency exchange machines, which allow customers to exchange Thai Baht to three foreign

Xpress Money#s Business Solution FLEX Strengthens, Powered by Collaborations With Banks, NBFIs and Stcoks—21 Oct 19

Global organisations in the remittance and financial services industries have chosen to partner with Xpress Money, a Finablr company, to utilise its cross-border remittance capabilities and cater to the growing demand for convenient money transfer

Digital Asset TDN Used to Acquire $25m of Graphite Stcoks—21 Oct 19

SovTech technology firm TODAQ, the creators of the cryptographic digital asset TDN, have reached an agreement with Gratomic Inc for the purchase of US$25m of graphite. This is the first deal of its kind, with the graphite to sit in the TDN reserve

Bangkok Bank reports third quarter 2019 net profit of Baht 9,438 million Stcoks—18 Oct 19

In 2019, the Thai economy is forecast to expand at a slower rate than in 2018. Slowing global growth, intensifying trade tensions and the unrelentingly strong Baht have weighed on both exports and tourism. Meanwhile, private consumption and private

KTC declares 4.205 billion in first nine months net profits. Receivables growth hit an all-time Stcoks—18 Oct 19

KTC announces net profits for the first nine months with a 8 percent growth at 4.205 billion. Budget will be allocated to stimulate marketing activities and expand member base. Policy to expand member base and in main business caused portfolio to have

Witnessing Thai Peoples Lack of Financial Discipline, GoBear Seizes Opportunity to Organize Seminar Stcoks—18 Oct 19

GoBear Thailand, Asia's leading financial supermarket, has invited celebrities and financial experts to participate in the seminar "GoBear Fin Detective #สืบฟินวินทุกเรื่องเงิน," aiming to encourage Thai people to pay attention to their financial health,

TBANK Q3 2019 profit reaches record launches ThanachartDRIVE Stcoks—18 Oct 19

Thanachart Bank Public Company Limited (TBANK) reported a consolidated net profit of 4,054 million baht for the third quarter of 2019, improving 12.86% from the previous quarter. Mr.Praphan Anupongongarch, Chief Executive Officer and President of

Photo Release: EXIM Thailand and EXIM Bank Malaysia Discuss Ways to Promote Thai and Malaysian Stcoks—18 Oct 19

Mr. Pisit Serewiwattana (third left), President of Export-Import Bank of Thailand (EXIM Thailand), and EXIM Thailand's management welcomed Dato' Shahrul Nazri Abdul Rahim (third right), President and Chief Executive Officer of Export-Import Bank of

AAV Listed on THSI 2019 Affirms Companys Sustainable Business Practices Covering Economics, Society Stcoks—18 Oct 19

Asia Aviation PCL. (AAV) has been listed as one of the 98 companies in Thailand Sustainability Investment (THSI) list in 2019, which only includes leading companies listed in the Stock Exchange of Thailand (SET). These 98 listed companies own up to Baht

SET welcomes digital lifestyle retailer and wholesaler CPW on Oct 18 Stcoks—18 Oct 19

The Stock Exchange of Thailand (SET) will list Copperwired pcl, a retailer and wholesaler of top digital lifestyle brands, on October 18, under the ticker symbol "CPW". The company has a market capitalization at its initial public offering (IPO) of THB

Photo Release: EXIM Thailand Visits Ready-to-eat Food Exporter Stcoks—18 Oct 19

Mr. Pisit Serewiwattana (center), President of Export-Import Bank of Thailand (EXIM Thailand), with EXIM Thailand's executives recently visited Octa Foods Co., Ltd., ready-to-eat food exporter. Welcomed by Mr. Chuan Tutanathorn (third right), President

KBank and Kasetsart University open a creative space for Kasetsart Stcoks—18 Oct 19

Recently, at Kasetsart University, Bang Khen District, Bangkok, Mr. Charat Siriphongvuttikorn (right), KBank First Senior Vice President, and Asst. Prof. Ratchot Chompunich (left), Vice President, Kasetsart University, jointly launched "KOMMONS by

Thai Union creates venture fund to drive food-tech innovation, announces first investment in Stcoks—18 Oct 19

Thai Union Group PCL has announced the foundation of a venture fund as part of its continuous investment in innovation. Thai Union has initially committed US$ 30 million for investments in innovative companies that are developing breakthrough

KTC delivers Level up all shopping transactions on top every hot items campaign with up to 20% Stcoks—18 Oct 19

"KTC" or Krungthai Card Public Company Limited, by Mr. Nattasit Soontranu, Vice President - Credit Card Business, organizes "Level up all shopping transactions, on top every hot items" campaign with up to 20% additional discounts when using KTC credit

UBS Managing Director Choo Oi Yee To Join iSTOX As Chief Commercial Officer Stcoks—17 Oct 19

- Choo will be responsible for driving iSTOX's business growth and building its network of issuers and investors. iSTOX, the first regulated platform in any major global financial center to offer end-to-end issuance, custody, and trading of digitized

KTC responds to the iPhone11 trend and organizes worthwhile promotion with up to 27% cash backs Stcoks—17 Oct 19

Mr. Vuthinun Suvimolpan, Senior Manager - Merchant Acquiring, "KTC" or Krungthai Card Public Company Limited, provides special privileges for the new iPhone11 smartphone. Cardmembers receive up to 27% cash backs with the usage of KTC FOREVER points with