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Thai Brokerage Ponders Future.
Byline: Nuntawun Polkuamdee
Jan. 17--SG Asia Credit Securities has asked for another two months to see if brokerage operations pick up before making a final decision on its future.
Yesterday Asia Credit Plc, the listed parent of SG Asia Credit Securities, told the Stock Exchange of Thailand that it had asked its executive committee to study possible alternatives after equity brokerage and research activities were suspended at the end of this month.
Last month French bank Societe Generale, a major shareholder in Asia Credit, announced it was closing its Asian equity sales and research units.
The closure of Asian equity operations by ...
- Thai Brokerage Ponders Future.
- Newspaper article from: Knight Ridder/Tribune Business News January 17, 2003 700+ words
...Ridder/Tribune Business News Jan. 17--SG Asia Credit Securities has asked for another two months...final decision on its future. Yesterday Asia Credit Plc, the listed parent of SG Asia Credit Securities, told the Stock Exchange of Thailand...
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...rated A- by Tris Ratings, are being underwritten by SG Asia Credit Securities. Ek-Anong Phanachet, head of debt capital markets at SG Asia Credit Securities, said demand came from banks, mutual and...
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- Newspaper article from: Bangkok Post (Bangkok, Thailand) March 19, 2005 700+ words
...Byline: Nuntawun Polkuamdee Mar. 19--Asia Credit Plc yesterday announced that it would...billion-baht deal will result in Asia Credit taking over Bualuang Finance in preparation...bank under the financial master plan. Asia Credit, in a statement to the Stock Exchange...
- French bank sells its stake in Asia Credit.
- Newspaper article from: Knight Ridder/Tribune Business News October 2, 2004 700+ words
...had sold its 36 percent stake in Asia Credit to local and international investors...the largest single investor in Asia Credit, at 30.61 percent, followed by Bangkok Bank at 27.49 percent. Asia Credit said in a statement that the share...
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- Newspaper article from: Bangkok Post (Bangkok, Thailand) June 15, 2004 700+ words
...divest their 31 percent shareholding in Asia Credit, according to Chatri Sophonpanich...which now holds 22-23 percent of Asia Credit. Another 26 percent stake in the finance...bank Societe Generale, an investor in Asia Credit, is expected to seek to upgrade its...
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- Press release article from: PR Newswire November 23, 1998 700+ words
...Asia Limited, today brought two actions against Credicom Asia, Credit Commercial International, N.V.-S.A. and Mr. Clement...relief and money damages. The suits allege that Credicom Asia, Credit Commercial International and Mr. Vaturi breached a stockholders...
- Asian Brokerage Ponders Future.
- Newspaper article from: Knight Ridder/Tribune Business News March 10, 2003 700+ words
...Tribune Business News Mar. 10--SG Asia Credit said it would wait until October...operations. Pom Vattasingh, SG Asia Credit's managing director and country...securities operations last year. But SG Asia Credit was still active in investment...
- Credit Securities Firm to Divest Retail Brokerage Operations in Thailand.
- Newspaper article from: Knight Ridder/Tribune Business News October 11, 2001 700+ words
...Thailand Knight Ridder/Tribune Business News Oct. 11--SG Asia Credit Securities Co has decided to divest its retail brokerage...said Prapaiparn Vattasingh, managing director of SG Asia Credit. "Our move to divest the retail brokerage operations...