TICON Group joined business roadshow in Malaysia

Stocks and Financial Services Press Releases Tuesday August 8, 2017 10:51
Bangkok--8 Aug--PRDD
Targeted at Malaysian institutional investors, roadshow finds out how to take advantage of
China's One Belt One Road policy

TICON Group was invited by RHB Securities, a subsidiary of RHB Bank which is a listed company in Malaysia, to participate in a business roadshow designed to provide Malaysia-based institutional investors with information about the Group's operations.

The roadshow is expected to benefit Malaysian institutional investors who are seeking to invest in Thai securities as they see great opportunities in Thailand's industrial property sector. It is said that factories and warehouses for lease in particular can gain advantage from China's One Belt One Road policy, which involves China's international trade and investment ambitions in countries across the globe, through land and sea transportation infrastructure.

"TICON Group will benefit immensely from this policy of Belt Road Initiative (BRI), which will complete the ring of land and sea transportations," said Virapan Pulges, Chief Executive Officer of TICON Industrial Connection Public Company Limited (TICON), the leading developer of integrated industrial properties in ASEAN. "The Chinese government is developing a railroad network linking ASEAN countries through China to the Middle East and Europe via its old 2,000 year old silk road. China's Policy is to transport goods from ports in SouthEast Asia to South Asia, Asia Minor and Africa by partnering with Southeast Asian governments to develop a rail transportation system from China to Laos, Thailand and Malaysia. It is designed to facilitate the transportation of goods from China to major seaports on the South China Sea."

Mr.Virapan also said, "Along the route that goods from China are being transported, several major development projects are expected to happen, and these will result in growth and urbanization in surrounding cities and communities. New factories, warehouses and many others related developments will bedeveloped. This will certainly be advantageous to the future businesses of TICON Group as we prepare for economic growth in ASEAN and respond to the inflow of investment driven by the One Belt One Road policy."

Many listed companies from China, Hong Kong, Thailand and Malaysia participated in the roadshow. TICON Group was the only property developer from Thailand focusing on factories and warehouses to join the briefing which attracted huge attention from Malaysian institutional investors.

Latest Press Release

Fitch Ratings (Thailand) has affirmed Thailand-based SCB Asset Management Co., Ltd#s (SCBAM) National Investment Management Quality Rating (IMQR) at #Excellent(tha)#. The Outlook is Stable.

National IMQRs are assigned on a descriptive scale based on Fitch's assessment of the asset manager's investment capabilities and the strength of its operational platform. Asset managers are rated 'Excellent', 'Strong', 'Proficient', 'Adequate' and...

KBank ATM Drive Thru debuts at PTT station Make withdrawal, transfer and payment without leaving your car

KASIKORNBANK (KBank) has launched its first KBank ATM Drive Thru at a PTT station on inbound Borommaratchachonnani Road. The service, designed to accommodate the fast-paced urban lifestyles of the new era, allows customers to make withdrawal, funds...

Fitch Revises Outlook on Thailand#s PTT and PTTEP to Affirms at #BBB+#

Fitch Ratings has revised the Outlook on PTT Public Company Limited (PTT) and PTT Exploration and Production Public Company Limited (PTTEP) to Positive from Stable. The agency has affirmed the two companies' Issuer Default Ratings and PTTEP's senior...

TMB continued to expand its customer base and ensure the quality of business growth. The Banks 2Q19 operating performance, both revenue generation and efficiency

TMB Bank Public Company Limited today announced its financial results for the second quarter of 2019 (2Q19). Mr. Piti Tantakasem, CEO, commented on the results that "the Bank's operating performance showed an improvement quarter-on-quarter (QoQ). The...

RENBDO Pre-ICO Creates Opportunities for Investors

RENBDO.io has just announced that the company is now prepared to initiate the pre-ICO campaign to kick-start the development of its blockchain start-up RENBDO or Renewable Energy Network Based on Decentralized Organization. The campaign's objective is to...

Related Topics