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BUSINESS

SPV77 ready to raise B2.4bn in ICO

Business, Darana Chudasri, Published on 22/05/2021

» SPV77 Co Ltd plans to raise 2.4 billion baht through the launch of 240 million real estate-backed digital tokens, priced 10 baht each, in Thailand's first initial coin offering (ICO) filed for approval with the Securities and Exchange Commission (SEC).

BUSINESS

REIT set to outpace bonds and deposits

Business, Darana Chudasri, Published on 06/12/2017

» The real estate investment trust (REIT) business will see continuous growth even if global interest rates rise, as related investment returns remain attractive compared with corporate bonds and bank deposits, say industry experts.

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BUSINESS

Forming a fintech family

Business, Darana Chudasri, Published on 14/09/2016

» The Thai FinTech Club (TFTC) has outlined its three priorities to strengthen local companies in preparation for the entry of foreign firms into the Thai market.

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BUSINESS

Somkid orders SET to help startups with fundraising

Business, Darana Chudasri, Published on 02/09/2016

» The Stock Exchange of Thailand (SET) has been instructed to set up facilities to be sources of fundraising for startups, which are meant to be a new growth engine under Thailand 4.0, the initiative focused on technological development and innovation.

BUSINESS

SET roadshow cheered by strong investor response

Business, Darana Chudasri, Published on 01/09/2016

» Thailand Focus 2016, the annual inbound roadshow of the Stock Exchange of Thailand (SET), has received a warm welcome from investors, with 112 foreign institutional investors managing assets worth US$370 billion attending.

BUSINESS

Krungsri Asset to miss AUM target

Business, Darana Chudasri, Published on 05/10/2015

» Krungsri Asset Management (KSAM) is likely to marginally miss its growth target for assets under management (AUM) this year due to the economic doldrums.

BUSINESS

SME board details ironed out

Business, Darana Chudasri, Published on 04/09/2014

» The Stock Exchange of Thailand is seeking to address concerns over the establishment of an SME board including the issue of keeping down the cost of being a listed company.

BUSINESS

ABC ordered to explain 'odd activity'

Business, Darana Chudasri, Published on 27/08/2014

» The Stock Exchange of Thailand is requiring Asset Bright Co (ABC) to clarify its second-quarter and first-half earnings by Friday.

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TECH

SST buys Greyhound for B1.85bn

Business, Darana Chudasri, Published on 23/07/2014

» The SET-listed warehouse provider and food and restaurants operator Sub Sri Thai Plc (SST) has successfully acquired Greyhound fashion and restaurant brand worth 1.85 billion baht with plans to use the business to rapidly expand its food segment.

BUSINESS

SST set to raise B820m

Business, Darana Chudasri, Published on 08/07/2014

» Sub Sri Thai (SST), a SET-listed document storage provider, is set to raise 820 million baht for business expansion via a property fund.