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Bangkok Post, Thailand, business briefs column.

Bangkok Post (Bangkok, Thailand)

| January 05, 2005 | COPYRIGHT 2005 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

Jan. 5--BBL TRANSFERS BH SHARES: Bangkok Bank said yesterday that it had transferred 175 million shares worth 2.712 billion baht of Bumrungrad Hospital Plc (BH) to its subsidiary, Sinsuptawee Asset Management, which is 99.99 percent owned by the bank.

The purpose of the transfer is to allow Sinsuptawee to manage the assets. The bank added that the transfer would have no affect on its operations in any way.

BH shares closed unchanged yesterday on the Stock Exchange of Thailand at 15.30 baht, in trade worth 21.94 million baht.

FINANSA BUYS INTO BFIT: Finansa Plc said yesterday that it would acquire a 50 percent stake in Krungdhep Thanathon Asset Management, a subsidiary of BFIT Securities, on Jan 10.

...

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