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Brokerage to List on Stock Exchange of Thailand.
Byline: Nuntawun Polkuamdee
Oct. 2--IB Securities plan to list on the Stock Exchange of Thailand in the first quarter of 2004, according to managing director Pitak Kittiakrastien.
Adkinson Securities took over IB Securities from Indosuez WI Carr in April 2002.
Mr Pitak said while IB Securities remained wholly owned by Adkinson, business operations were basically separate. IB Securities also had the advantage of having an underwriting licence, which Adkinson did not.
Both brokers had also gained from the strong pickup in the Stock Exchange of Thailand.
Adkinson currently has 24 branches nationwide and IB 21.
Mr Pitak ...
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Source: HighBeam Research, Brokerage to List on Stock Exchange of Thailand.