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Search Result for “Southeast Asia stocks”

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BUSINESS

Bangkok Bank, PTT lead Thai shares higher

Reuters, Published on 30/10/2019

» The Thai benchmark advanced 0.7% to lead the pack in the region, underpinned by gains in financial and energy stocks. Bangkok Bank Plc scaled 6% while oil and gas major PTT Exploration and Production Plc rose 3.4% after posting a jump in quarterly net profit.

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BUSINESS

Bangkok Bank takes over StanChart’s Permata for $2.7bn

Published on 12/12/2019

» Bangkok Bank Plc agreed to buy 89.1% of Indonesia’s PT Bank Permata for about US$2.7 billion in the first major purchase of an overseas lender by a Thai bank.

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BUSINESS

SET bucks Asean trend with weekly gain

Business, Published on 25/04/2020

» Recap: Most Southeast Asian stock markets ended lower yesterday, logging weekly losses, as governments in the region extended lockdowns and new reports indicated earlier hype about a Covid-19 treatment was misplaced.

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BUSINESS

An impressive showing for M&A

Business, Post Reporters, Published on 28/12/2019

» Thailand experienced strong merger and acquisition (M&A) activity in 2019, with deals including the US$2.7-billion (81.3-billion-baht) acquisition by Bangkok Bank of Indonesia's PT Bank Permata in December and Hong Kong-based FWD Group's purchase of Siam Commercial Bank Life Assurance for 92.7 billion baht in July.