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Nationwide Plans Capital Increase in Thailand.
Jun. 10--Nationwide Life Assurance Co, a Thai-US joint venture, plans to raise its registered capital later this year from 1.57 billion baht to further strengthen its capital base and finance business growth over the next two years.
President Soontorn Boonsai said the exact increase would be determined once the company had evaluated its cost-reduction measures as well as premiums to be generated for the remaining seven months of this ...
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Source: HighBeam Research, Nationwide Plans Capital Increase in Thailand.