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INVESTMENT

Gulf quashes KBank takeover rumour as stake increases

Business, Somruedi Banchongduang, Published on 26/04/2024

» Gulf Energy Development clarified that it has no plans to take over Kasikornbank (KBank), attributing its recent increased shareholding in the bank solely to its pursuit of investment gains.

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INVESTMENT

Chinese firm now owns Thai brokerage

Nuntawun Polkuamdee, Published on 12/02/2024

» CGS-CIMB Securities (Thailand) has changed its name to CGS International Securities (Thailand) (CGSI) after China Galaxy Securities acquired a 100% stake in the company in December 2023 in a move to strengthen its regional presence.

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INVESTMENT

SET initiates alliance to crack down on scams

Business, Nuntawun Polkuamdee, Published on 25/07/2023

» The Stock Exchange of Thailand (SET) has formed an alliance with business organisations and related government agencies to tackle investment scams by integrating their operating systems to develop a process to stop fraudulent investment cases faster and with greater efficiency.