AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Jul. 6--TSFC Securities yesterday clarified that its list of 44 stocks banned from being used as collateral against loans to local brokers did not reflect the riskiness of the securities, but rather low liquidity.
The company, which operates as a "lender of last resort" to local brokers, last week announced its latest blacklist of stocks acceptable as collateral. The stocks include a number of brokers, such as Bangkok First Investment and Trust, United Securities and Adkinson Securities, property companies, such as Property Perfect and Krisdamahanakorn, and several solid stocks such as GMM Media, Big C and Major Cineplex.
Akrarat Na Ranong, the TSFC ...
Source: HighBeam Research, Liquidity key to stock ban.