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Thailand's Trinity Holding eyes investing in China.

Bangkok Post (Bangkok, Thailand)

| July 02, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Nuntawun Polkuamdee

Jul. 2--Trinity Holding is preparing to invest in China once it completes a new investment in Krung Thai Asset Management, according to chief executive officer Pakawat Kovitvathanaphong.

Trinity, which offers a range of securities brokerage, investment banking and financial services, is planning to take a 20 percent stake in KTAM, currently 99 percent owned by Krung Thai Bank. The bank in turn is a 20 percent shareholder in Trinity.

Mr Pakawat said the investment would help Trinity build up a long-term investor base and benefit both companies.

Regarding China, he said the company was still studying potential ...

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Source: HighBeam Research, Thailand's Trinity Holding eyes investing in China.

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