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Byline: Yuthana Praiwan
Apr. 1--One Asset Management Co, the manager of the one-billion-baht SME Venture Capital Fund, is set to raise expansion funds for two small businesses it has chosen for investment support by listing them on the Market for Alternative Investment (MAI).
Raising funds through listing on Thailand's smaller bourse is cheaper than seeking loans from financial institutions, said One Asset president Wiwan Tharahirunchote.
Japanrent (Thailand) Co, the operator of a car rental service, and Golden Mind Service Co, a provider of messenger and property care services, need more funds to accommodate business growth, Ms Wiwan said.
...Source: HighBeam Research, One Asset to list two of its joint ventures on MAI bourse.