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Search Result for “merger”

Showing 1 - 10 of 16

BUSINESS

LEO upgrades revenue growth outlook for 2021

Business, Darana Chudasri, Published on 12/05/2021

» LEO Global Logistics, listed on the MAI, upgraded its revenue growth outlook this year to 40-45%, spurred by growing air freight revenue after forming an exclusive dealership with China Post Group Corp, the state-owned postal operator.

BUSINESS

TQM takes 51% in True Life, Extra

Business, Darana Chudasri, Published on 30/04/2021

» TQM Corporation (TQM), the only SET-listed insurance broker, has acquired 51% in both True Life Broker Co and True Extra Broker Co to cement its position in the life insurance business with total investment not exceeding 270 million baht.

BUSINESS

TGH gears up for service integration

Business, Darana Chudasri, Published on 19/03/2021

» SET-listed Thai Group Holdings (TGH), the insurance arm of the TCC Group controlled by tycoon Charoen Sirivadhanabhakdi, has added two more business units -- consumer finance and health and wellness -- to vertically integrate services geared towards an ageing society.

BUSINESS

TQM turns to M&A strategy

Business, Darana Chudasri, Published on 24/02/2021

» TQM Corporation, the only SET-listed insurance broker, announced it will count on joint ventures and acquisitions this year as key drivers of its goal to achieve 50 billion baht in insurance premiums by 2026.

BUSINESS

Thailand ranks No.2 among Asian IPOs

Business, Darana Chudasri, Published on 29/12/2020

» Thailand grabbed the No.2 spot for initial public offerings (IPOs) in Asia in 2020, raising US$4.96 billion in total, behind only China if excluding cross-listed shares from other bourses such as infrastructure funds (IFFs) and real estate investment trusts (REITs).

BUSINESS

Mazars flags tourism-related closures

Business, Darana Chudasri, Published on 23/10/2020

» Business closures of companies related to tourism have doubled as a result of Covid-19, says Mazars Group, a French-based international tax, audit and advisory firm.

BUSINESS

TQM studying viability of cybermarket

Business, Darana Chudasri, Published on 15/09/2020

» TQM Corporation (TQM), the only SET-listed insurance broker, is studying the viability of cyber-insurance products in response to the growing complexity of cyber-risks in the digital age.

BUSINESS

Shrinking car sales prompt Tokio Marine to cut forecast

Business, Darana Chudasri, Published on 26/08/2020

» Tokio Marine Safety Insurance Thailand, the country's fourth-largest non-life insurer, has revised down its target for gross written premium this year to 17 billion baht, citing lower sales of new cars.

BUSINESS

CPF guns for 75% foreign revenue share

Business, Darana Chudasri, Published on 05/07/2019

» SET-listed Charoen Pokphand Foods (CPF), the agro-industrial and food conglomerate, has devised a three-pronged strategy to drive its corporate mission to become the "Kitchen of the World", aiming for overseas revenue to account for 75% by 2023.

BUSINESS

Tokio Marine Group aims for 50% local profit ratio

Business, Darana Chudasri, Published on 18/06/2019

» Japan's Tokio Marine Insurance Group aims for the overseas insurance business profit ratio to reach nearly 50% this year, with emerging markets including Thailand as the main contributors.