Wednesday November 21, 2018 13:41

Stcoks Press Release : 11 May 2016

Thai bourse to list ASN Broker on May 12 Stcoks—11 May 16

Market for Alternative Investment (mai) will list ASN Broker pcl, an insurance broker, on May 12, under the ticker symbol "ASN." The company has a market capitalization at its initial public offering (IPO) of THB 780 million (approximately USD 22.03

Zhongrong International Trust Co. Ltd. Rated #BB+/B# And #cnBBB+/cnA-2#; Outlook Stable Stcoks—11 May 16

HONG KONG--11 May--Standard & Poor's

HONG KONG (S&P Global Ratings) May 11, 2016--S&P Global Ratings said today that it had assigned its 'BB+' long-term and 'B' short-term issuer credit ratings to Zhongrong International Trust Co. Ltd. (Zhongrong). The outlook on the long-term rating is stable. At the same time, we assigned our Greater China regional scale long-term rating of 'cnBBB+' and short-term rating of 'cnA-2' to the Chinese trust company.

"The ratings reflect the leading Chinese trust company's stand-alone credit profile (SACP) of 'bb' and one-notch rating uplift for the moderate likelihood of extraordinary government support that Zhongrong might receive from China Trust Protection Fund (CTPF) if it were in distress," said S&P Global Ratings credit analyst Harry Hu.

We view Zhongrong as an alternative asset manager. In our view, its fair business risk profile and minimal financial risk profile underpin its SACP, while Zhongrong's implicit financial support on certain trust products under its management and a bias in its management and governance toward risk-taking offset these credit strengths.

Zhongrong's fair business risk profile reflects its leading market share in China's trust sector, a segment of the Chinese asset management industry, increasing competition in China's asset management market,

STATS ChipPAC Ltd. Ratings Lowered To #B+# From #BB-# On Weak Operating P Outlook Stcoks—11 May 16

SINGAPORE (S&P Global Ratings) May 11, 2016--S&P Global Ratings today lowered its long-term corporate credit rating on STATS ChipPAC Ltd. to 'B+' from 'BB-'. The outlook is negative. At the same time, we lowered our long-term ASEAN regional scale

Outlook On QBE Insurance Group Core And Highly Strategically Important Entities Revised To Ratings Stcoks—11 May 16

MELBOURNE (S&P Global Ratings) May 11, 2016--S&P Global Ratings today said it has revised to positive from stable its outlook on global multiline insurer QBE Insurance Group Ltd. (QBE), the group's core operating entities, and the group's highly

Agricultural Bank of China Ltd. New York Branch#s Notes Drawdown Under US$10 Billion MTN Program Stcoks—11 May 16

HONG KONG (S&P Global Ratings) May 11, 2016--S&P Global Ratings today assigned its 'A' long-term issue rating and 'cnAA+' long-term Greater China regional scale rating to a proposed drawdown under the US$10 billion medium-term note (MTN) program

EXIM Thailand Finances Expansion of Water Supply Production in Luangprabang of Lao Stcoks—11 May 16

EXIM Thailand provided an additional loan amount of 8 million baht, making up a total loan amount of 78 million baht to Asia Nampapa Luangprabang Co., Ltd. to support its expansion of water supply facilities to serve household and industrial consumption

Thai bourse market report for April 2016 Stcoks—11 May 16

- Foreign investors bought a net THB 12.7 bln so far this year, while being net sellers in April. - Derivatives trading jumped by 8 pct y-o-y to185,463 contracts per day. The Stock Exchange of Thailand (SET) Index was on the rise in April and recorded

KBank shows off digital tech at Money Expo Bangkok 2016 KBank is All Stcoks—11 May 16

KASIKORNBANK plans to launch several impressive promotional campaigns for housing and personal loans with zero-percent interest rate at Money Expo Bangkok 2016. Having coined the concept, "KBank is All Around", the Bank will offer a full range of

Photo Release: Krungsri Leasing provides support to Thai AirAsia for new Stcoks—11 May 16

Krungsri Leasing (Ayudhya Development Leasing Co., Ltd.), a subsidiary of Bank of Ayudhya PCL, provided leasing facility to Thai AirAsia Co., Ltd. for the purchase of a new Airbus A320-200 (NEO), the latest fuel-efficient model that marks the fiftieth

ECL joins PFS the giant leasing in Japan Taking up recovery of used car market and aim for big Stcoks—11 May 16

EASTERN COMMERCIAL LEASING PUBLIC CO., LTD (ECL) has started offensive play in car leasing market by announcement an investment share with PREMIUM FINANCIAL SERVICES (PFS), the giant leasing from Japan, aiming to be the leader of car leasing

Photo Release: TICON AGM 2016 approves dividend of 0.50 Baht per share Stcoks—11 May 16

Mr. Virapan Pulges, Managing Director of TICON Industrial Connection Plc., the leading developer of high quality factories and warehouses for lease in Thailand, recently holds 2016 Annual Ordinary General Meeting of Shareholders. The meeting acknowledged

EXIM Thailand Finances Expansion of Water Supply Production in Luangprabang of Lao Stcoks—11 May 16

EXIM Thailand provided an additional loan amount of 8 million baht, making up a total loan amount of 78 million baht to Asia Nampapa Luangprabang Co., Ltd. to support its expansion of water supply facilities to serve household and industrial consumption

Thaicom Posts 700 Million Baht First Quarters Consolidated Net Profit Stcoks—11 May 16

Thaicom Public Company Limited (THCOM), one of Asia's leading satellite operators, today announced its operating results for the first quarter of 2016. The company reported a consolidated net profit of 700 million baht, up 160 million baht, or 29.6%,

CIMB Group supports C.P. Groups expansion of rice business in ASEAN Stcoks—11 May 16

CIMB Bank Berhad extends USD 26.5 million credit facilities to Apsara Rice (Cambodia) Co.,Ltd., a joint venture company between Charoen Pokphand Group and Soma Group,to support construction of rice mill targeting European markets CIMB Thai Bankattended

AEON Showcase Their Product Line-Up and Other Financial Services at the 16th Money Expo Stcoks—11 May 16

AEON Thana Sinsap (Thailand) Public Company Limited will join the 16th Money Expo Bangkok from May 12th to 15th 2016 at Challenger Hall 2 – 3 , Impact Arena, Muang Thong Thani. AEON's booth, B1, is inspired by the concept "Your Future Begins Today"

Glow posts 15% Y-o-Y increase in Normalized Net Profit for the first quarter of Stcoks—11 May 16

- Earnings Before Interest, Taxes, Depreciation and Amortization ("EBITDA"), excluding adjustments for Financial Lease accounting, of THB 4,932 million, - Net Profit of THB 2,764 million, and - Normalized Net Profit ("NNP") (net profit excluding net

Madison Realty Capital Debt Fund III LP Closes with $695 Million Committed, Substantially Exceeding Stcoks—11 May 16

Madison Realty Capital (MRC), a vertically-integrated real estate private equity firm focused on real estate equity and debt investments in the U.S. middle markets, announced the final closing of Madison Realty Capital Debt Fund III LP (“MRC Debt

El Paso County, CO COP Rating Raised To #AA# Due To Improved Budgetary Performance And Stcoks—11 May 16

CENTENNIAL (S&P Global Ratings) May 10, 2016--S&P Global Ratings raised its long-term rating and underlying rating (SPUR) to 'AA' from 'AA-' on El Paso County, Colo.'s outstanding certificates of participation (COPs). At the same time, we

George K. Baum Co. Series 2016-XG Trusts Assigned 30 Ratings Stcoks—11 May 16

NEW YORK (S&P Global Ratings) May 10, 2016--S&P Global Ratings assigned 30 various ratings to 15 George K. Baum & Co. tender option bond series 2016-XG trust puttable floating-rate receipts (floaters) and inverse floating-rate receipts

World Bank Supports Cabo Verde Tourism Sector as the Engine of Growth Stcoks—11 May 16

WASHINGTON, May 10, 2016— The World Bank Executive Board of Directors approved today a US$5 million International Development Association (IDA)* credit to support the Competitiveness for Tourism Development project in Cabo Verde. Cabo Verde's

IMF Staff Completes 2016 Article IV Mission to Singapore Stcoks—11 May 16

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF's

World Bank to Partner with the Maldives to Support Transition to a More Inclusive and Sustainable Stcoks—11 May 16

Male, May 10, 2016 — World Bank Vice President for the South Asia Region Annette Dixon concluded her first visit to Maldives with a commitment that the Bank would continue to partner with the government to help make the country's economic growth

World Bank and Government of Tajikistan Launch Training Program to Promote Private Sector Stcoks—11 May 16

Dushanbe, May 10, 2016 – Today, the Deputy Chairman of the State Committee on Investments and State Property Management, Nigina Anvari, and World Bank Country Manager in Tajikistan Patricia Veevers-Carter launched a training program on private

Finland Contributes EUR 4 Million towards New Deal Implementation in Stcoks—11 May 16

NAIROBI, May 10, 2016 – The Finland Ministry of Foreign Affairs and the World Bank signed an agreement today for Finland to provide EUR 4 million to the World Bank-administered Multi Partner Fund (MPF), a multi-donor trust established for New Deal

World Bank to Partner with the Maldives to Support Transition to a More Inclusive and Sustainable Stcoks—11 May 16

Male, May 10, 2016 — World Bank Vice President for the South Asia Region Annette Dixon concluded her first visit to Maldives with a commitment that the Bank would continue to partner with the government to help make the country's economic growth

Make Internet More Accessible, Affordable and Open to Accelerate Development, says New World Bank Stcoks—11 May 16

NEW DELHI, May 10, 2016 ? At least 8 in 10 individuals in India own a mobile phone and digital technologies are spreading rapidly. With nearly a billion people still not connected to the internet, the opportunities for increasing access to digital