AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Thai Fund to Establish $200 Million Property Fund with Brunei.

Bangkok Post (Bangkok, Thailand)

| January 02, 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: Wichit Sirithaveeporn

Jan. 2--The Government Pension Fund will sign a joint investment agreement tomorrow with the Brunei Investment Agency (BIA) in a property fund worth US$200 million.

The fund would be invested in the Stock Exchange of Thailand and other debt and equity instruments, with a target return of at least 20 percent, said Wisudhi Srisuphan, chairman of the GPF's investment sub-committee and director of the Fiscal Policy Office.

Under the agreement, the GPF would hold a 33.33 percent stake in the fund and the BIA 66.67 percent. They will establish a joint venture, TPAC Co, with registered capital of six million baht, in which ...

Related articles from newspapers, magazines, journals, and more
GPF to set up own asset, property firms.
Newspaper article from: Bangkok Post (Bangkok, Thailand) May 12, 2005 700+ words
...he said. By August, the GPF will be able to invest directly...by local asset managers. The GPF will spend six billion baht...long-term investment for the GPF and are classified in other asset classes. To see more of the Bangkok Post, or to subscribe to the newspaper...
Six to manage 25% of GPF's funds.
News wire article from: Asia Africa Intelligence Wire October 23, 2003 700+ words
(From Bangkok Post) Byline: Nuntawun Polkuamdee...by the state pension fund. GPF secretary-general Visit Tantisunthorn...start next month. He said the GPF was now adopting a more specialised...Under the new approach, the GPF will select individual fund...
GPF acquires stake in SCIAM: Synergies expected from B120mn sale.
News wire article from: Bangkok Post (Bangkok, Thailand) August 10, 2007 700+ words
...Next year, Mr Visit said, the GPF planned to adjust its bond portfolio...yields than local bonds. The GPF is now positioning itself as...he said. This year, the GPF projects its return on investment...stocks. To see more of the Bangkok Post, or to subscribe to the newspaper...
GPF records 6.4% return in Q1: Plans to raise ceilingfor stock portfolio.
Newspaper article from: Bangkok Post (Bangkok, Thailand) May 16, 2006 700+ words
...rental fees. As of March, the GPF had 71 percent of its portfolio...markets. Mr Visit said the GPF had so far been the only Asian...social responsibility. The GPF has a total of 1.2 million...billion baht. To see more of the Bangkok Post, or to subscribe to the newspaper...
GPF seeks to raise foreign holdings to 15%.
Newspaper article from: Bangkok Post (Bangkok, Thailand) June 27, 2006 700+ words
...20 percent previously. The GPF currently invests 20 percent...Around three-quarters of the GPF's portfolio is in debt instruments...eight times earnings. "The GPF is a long-term investor...costs." To see more of the Bangkok Post, or to subscribe to the newspaper...
GPF lifting overseas investments: Local fixed-income holdings to decline.
Newspaper article from: Bangkok Post (Bangkok, Thailand) December 6, 2006 700+ words
...offer good opportunities. A GPF analysis of stock performance...was another constraint. The GPF's asset portfolio accounts...this year," he said. The GPF, meanwhile, will apply for...explained. To see more of the Bangkok Post, or to subscribe to the newspaper...
GPF keen to manage own assets.
News wire article from: Asia Africa Intelligence Wire February 27, 2003 700+ words
(From Bangkok Post) Byline: Krissana Parnsoonthorn...The Government Pension Fund (GPF) is likely to apply for an...assets more effectively. The GPF would be able to apply for...said Visit Tantisunthorn, the GPF's secretary-general...
Brunei: BIA and Thailand's GPF set up US$200 million investment fund.
News wire article from: Asia Africa Intelligence Wire January 3, 2003 700+ words
...Pension Fund (GPF) in a property...daily newspaper, Bangkok Post, yesterday. It...instruments," cited Bangkok Post. A joint venture...between BIA and GPF - TPAC Co, with...reported in the Bangkok Post that, GPF has also hired...
Foreign firms approaching GPF.
Newspaper article from: Bangkok Post (Bangkok, Thailand) February 23, 2007 700+ words
...Ministry agreed to expand the GPF's investment limit for equity...percent. Mr Visit said the GPF expected to maintain an equity...its overseas investments, the GPF relies on international indices...securities. To see more of the Bangkok Post, or to subscribe to the newspaper...
GPF returns top expectations.
Newspaper article from: Bangkok Post (Bangkok, Thailand) June 26, 2007 700+ words
...he said. Mr Visit said the GPF would increase its investments...secretary for Finance, said the GPF had 352 billion baht in assets...billion at the end of 2006. The GPF invests 85 percent in domestic...investments. To see more of the Bangkok Post, or to subscribe to the newspaper...
For more facts and information, see all results

Source: HighBeam Research, Thai Fund to Establish $200 Million Property Fund with Brunei.

©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA