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EWC head purchases 48% stake in Thanasin.
Byline: Charoen Kittikanya
Oct. 7--Pirom Priyawat, the managing director of Eastern Wire Plc, has acquired a 47.62 percent majority stake in non-listed Thanasin Insurance for 50 million baht amid lingering scepticism over how he can pull the insurer out of financial difficulties.
In a filing with the Securities and Exchange Commission (SEC) yesterday, Mr Pirom said that on Sept 30 he bought five million shares of Thanasin Insurance, adding to the 500 shares he had already had.
Mr Pirom reportedly has close ties to the Larpwisuthisin family, the majority shareholder of embattled Picnic Corporation Plc.
According to a source from ...
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By Charoen Kittikanya, Bangkok Post, Thailand Knight Ridder...Business News Oct. 26--Thanasin Insurance, formerly Patchara Insurance...2002. To see more of the Bangkok Post, or to subscribe to the...bangkokpost.com. (c) 2004, Bangkok Post, Thailand. Distributed...
- Thanasin Insurance has April 30 deadline.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) April 25, 2007 700+ words
...licence of struggling Thanasin Insurance if it fails to fulfil...department ordered Thanasin Insurance to suspend operations...To see more of the Bangkok Post, or to subscribe...Copyright (c) 2007, Bangkok Post, Thailand Distributed...
- Thanasin Insurance's future rests with Chinese partner.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) June 26, 2007 700+ words
...The future of troubled Thanasin Insurance now hinges on its Chinese...settling outstanding claims. Thanasin Insurance's capital funds were...general said that apart from Thanasin Insurance, the department was closely...Arunmas To see more of the Bangkok Post, or to ...
- Bangkok Post, Thailand, business briefs column.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) January 7, 2006 700+ words
...S NAME MISTAKEN: In a story about Thanasin Insurance on Page B2 of yesterday's Business...Patchara Insurance. To see more of the Bangkok Post, or to subscribe to the newspaper...bangkokpost.com. Copyright (c) 2006, Bangkok Post, Thailand Distributed by Knight Ridder...
- Today is D-Day for Thanasin.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) May 18, 2007 700+ words
...legal action against Thanasin Insurance if it fails to complete...more leniency to Thanasin Insurance. The insurer had...investor to shore up Thanasin Insurance, but a final agreement...see more of the Bangkok Post, or to subscribe...
- New shareholders to raise capital.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) January 6, 2006 700+ words
...buying shares in Thanasin Insurance. The other two...and in Yaowarat. Thanasin Insurance is now looking to...next two years. Thanasin Insurance was established...see more of the Bangkok Post, or to subscribe...
- Dr Boon in talks to buy Thanasin.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) May 2, 2007 700+ words
...emerged as a potential investor in Thanasin Insurance, whose operation has been suspended...engaged financial advisers to examine Thanasin Insurance's accounts, and injected 19 million...insurer. But he said the amount Thanasin Insurance needed, including outstanding claims...
- New buyer to inject funds into Thanasin.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) November 13, 2006 700+ words
...Nov. 13--Struggling Thanasin Insurance, formerly named Patchara...company today, she said. Thanasin Insurance was among a handful of...million baht. Currently, Thanasin Insurance has fully paid registered...before. To see more of the Bangkok Post, or to subscribe to ...