Sunday September 23, 2018 07:56

Stcoks Press Release : 11 Oct 2016

Photo Release: Bangkok Bank donates Baht 30.32 million from use of Be1st Smart Rabbit Siriraj co-branded card to the Faculty of Medicine Siriraj Hospital Stcoks—11 Oct 16

Bangkok Bank Executive Vice President Thaweelap Rittapirom (Center) and Third Regional Metropolitan Area Manager Yuttapong Phoomborplub (3rd from right), representing Bangkok Bank and Be1st Smart Rabbit Siriraj cardholders – "a card for kind

UOB (Thai) adopts three-pronged strategy in support of start-ups Stcoks—11 Oct 16

The Asian Banker--11 Oct--Asian Banker
United Overseas Bank (Thai) says it has embraced three platforms - training and mentorship, funding channels and regional expansion partnerships - to help Thai start-ups expand their footprints in the region.

James Rama Phataminviphas, head of channels and digitisation at UOB (Thai), said the number of funded start-ups in Thailand now was around 72, compared with more than 220 start-up companies in Singapore. Start-ups in Singapore have disclosed funding of US$1.16 billion (Bt40.7 billion), against $108 million for Thai start-ups.

The figures show that funding is important to help the growth of start-ups while Thailand is in the early stage of start-up development.
Talent, funding and expanding business are three big problems faced by Thai start-ups, he said.
To help solve the talent problem, UOB (Thai) will promote the FinLab, a three-month innovative acceleration programme, to help start-ups refine their business models.

The FinLab is a joint venture between UOB and Infocomm Investments Pte Ltd (IIPL), and Thai fintech start-ups can apply to participate in the three-month programme in the first quarter of next year in Singapore.

The second platform is funding channels through OurCrowd, a global equity crowd-funder. UOB is a stakeholder in OurCrowd and InnoVen

Ratings On Japan-Based Deutsche Securities Affirmed At #BBB+/A-2#; Outlook Remains Stcoks—11 Oct 16

TOKYO (S&P Global Ratings) Oct. 11, 2016--S&P Global Ratings today said that it has affirmed its 'BBB+' long-term and 'A-2' short-term counterparty credit ratings on Deutsche Securities Inc. The outlook on the long-term rating remains

RedZed Trust in respect of Series 2014-1 Ratings Raised On Four Note Four Classes Stcoks—11 Oct 16

MELBOURNE (S&P Global Ratings) Oct. 11, 2016--S&P Global Ratings today raised its ratings on four classes of notes issued by Perpetual Trustee Co. Ltd. as trustee of RedZed Trust in respect of Series 2014-1 (see list). At the same time, we

Pepper Residential Securities Trust No.15 Class A1-s2 Notes Assigned Preliminary Stcoks—11 Oct 16

MELBOURNE (S&P Global Ratings) Oct. 11, 2016--S&P Global Ratings today assigned its preliminary rating to the class A1-s2 notes of nonconforming residential mortgage-backed securities (RMBS) to be issued by Permanent Custodians Ltd. as trustee of

TICON increases capital of THB 13.23 billion to a Strategic Partner And to increase its financial Stcoks—11 Oct 16

TICON's Board approved the capital increase and allotment of 735 million shares to Frasers Property Holding (Thailand) Co., Ltd., which is a wholly owned subsidiary of Frasers Centrepoint Limited (FCL), one of the leading global real estate companies

North Haven Private Equity Asia Angel Announces the Success of the Tender Offer for DSGT shares Stcoks—11 Oct 16

Morgan Stanley Private Equity Asia, the private equity group of Morgan Stanley, today announced that North Haven Private Equity Asia Angel Company Limited (the "Offeror") has received 322,888,400 shares or 25.63% of the issued and paid-up shares of DSG

MAS directs Falcon Bank to cease operations in Singapore Stcoks—11 Oct 16

Singapore -- The Monetary Authority of Singapore (MAS) announced that it is withdrawing the merchant bank status of Falcon Private Bank Ltd, Singapore Branch (Falcon Bank) for serious failures in anti-money laundering (AML) controls and improper conduct

St. Louis County School District No. 101 (Affton), MO Issuer Credit Rating And COP Rating Lowered Stcoks—11 Oct 16

CENTENNIAL (S&P Global Ratings) Oct. 10, 2016--S&P Global Ratings lowered its issuer credit rating (ICR) on St. Louis County School District No. 101 (Affton) , Mo., to 'A' from 'AA-'. At the same time, we also lowered our underlying rating (SPUR)

Homer City Generation L.P. Corporate Credit Rating Lowered To #CC# On Forbearance Outlook Stcoks—11 Oct 16

On Oct. 3, Homer City Generation L.P. announced it had entered into a forbearance agreement with more than 75% of its noteholders to extend its debt payment deadline to Oct. 17. Despite the forbearance, we believe the unsustainable capital structure,

Husky IMS International Ltd. First-Lien Debt Rating Affirmed At #B# (Recovery Rating: #3#) On Stcoks—11 Oct 16

TORONTO (S&P Global Ratings) Oct. 10, 2016--S&P Global Ratings today said that it is affirming its 'B' issue-level rating, with a '3' recovery-level rating, on Bolton, Ont.-based Husky IMS International Ltd.'s first-lien debt following the

Legacy Health, OR $279 Million Series 2016A Bonds Assigned #AA-# Rating Stcoks—11 Oct 16

CENTENNIAL (S&P Global Ratings) Oct. 10, 2016--S&P Global Ratings assigned its 'AA-' long-term rating to the Oregon Facilities Authority's $279 million series 2016A bonds, issued on behalf of Legacy Health System (Legacy). At the same time,

DMCC คว้ารางวัลเขตปลอดอากรที่ดีที่สุดในโลกจากนิตยสาร fDi ติดต่อกันเป็นปีที่ Stcoks—11 Oct 16

DMCC Free Zone คว้า 5 รางวัลจากการจัดอันดับเขตปลอดอากรที่ดีที่สุดในโลกประจำปีนี้ โดยนิตยสาร fDi ในเครือ The Financial Times อันได้แก่ - GLOBAL - Free Zone of The Year - GLOBAL - Free Zone of The Year for SME's - MIDDLE EAST - Free Zone of the Year -

Dubai#s DMCC Awarded #Global Free Zone of the Year 2016# for the Second Year Stcoks—11 Oct 16

DMCC Free Zone awarded five accolades in Financial Times fDi Magazine's annual global Free Zone rankings: - GLOBAL - Free Zone of The Year - GLOBAL - Free Zone of The Year for SME's - MIDDLE EAST - Free Zone of the Year - MIDDLE EAST- Free Zone of The