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Finansa Securities to Convert Internet Cafe in Thai Stock Exchange Settlement.

Bangkok Post (Bangkok, Thailand)

| September 04, 2003 | COPYRIGHT 2003 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: Sriwipa Siripunyawit

Sep. 4--Finansa Securities is turning its Internet cafe into a cyber branch to settle a disagreement with the Stock Exchange of Thailand.

Managing director Varah Sucharitakul said the cafe, run by subsidiary H.T. Com and opened in Songkhla last month, would become a full Finansa branch.

"We are very disappointed at being attacked by the Stock Exchange of Thailand as an illegitimate broker providing an illegal trading branch. Now we just want to stop the whole dispute," Mr Varah said yesterday.

SET regulations require a minimum 0.25 percent commission charge for normal stock transactions, and a 0.2 percent ...

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