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Thailand: TAMC expected to finalise talks with Islamic Bank of Thailand on sale of shares in MFC Asset Management.

Thai Press Reports

| July 21, 2009 | COPYRIGHT 2008 Thai News Services. (Hide copyright information)Copyright

Section: Business News - The Thai Asset Management Corp is expected to finalise talks with the Islamic Bank of Thailand within the next month about the sale of shares in MFC Asset Management, the Bangkok Post reports.

According to the Stock Exchange of Thailand, the TAMC held 12.6 million shares or 10.52% of MFC as of April 28.

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