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New units to target growing capital market.

Bangkok Post (Bangkok, Thailand)

| October 03, 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

Byline: Nuntawun Polkuamdee

Oct. 3--Trinity Wattana, a local brokerage company, plans to set up three subsidiaries next year to cash in on the development of the Thai capital market.

CEO Pakhawat Kovithvathanapong said the company would set up Trinity Polaris Futures Co, for derivatives trading and investment.

It recently entered talks to sell a 24.5 percent stake to Polaris Securities, the top futures broker in Taiwan.

Also in the pipeline is Trinity Quantum Co, which will provide public relations and other services, and plans to set up an asset management company.

Trinity Wattana has already applied for an asset management ...

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Source: HighBeam Research, New units to target growing capital market.

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