Showing 1 - 10 of 11
Gulf's KBank share purchase sparks takeover speculation
Nareerat Wiriyapong, Nuntawun Polkuamdee, Yuthana Praiwan and Somruedi Banchongduang, Published on 20/03/2025
» Gulf Energy Development (Gulf) has become the fifth-largest shareholder in Kasikornbank (KBank), Thailand’s third-largest lender by asset value, in a move that sparked speculation that the energy giant may replicate its takeover of Intouch Holdings (INTUCH).
Foreigners return amid uptick rule
Business, Nuntawun Polkuamdee, Published on 09/07/2024
» Foreign investors returned from net selling of 15 billion baht in June to net buying of nearly 5 billion baht last week, as the uptick rule took effect on July 1, resulting in a decrease in short selling to 1.5 billion baht per day from an average of 6.2 billion last month.
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.
SEC tightens rules on NVDRs
Business, Nuntawun Polkuamdee, Published on 02/04/2024
» The Securities and Exchange Commission (SEC) is prohibiting local securities companies from accepting orders for purchases, transfers or exchanges of securities that would result in Thai investors gaining more possession of non-voting depositary receipts (NVDRs).
Confidence boost
Nuntawun Polkuamdee, Published on 25/03/2024
» The Stock Exchange of Thailand (SET) has announced a series of measures to enhance trading supervision and adjust the listing criteria for companies in an effort to restore investor confidence.
SEC to prohibit Thais from investing in NVDRs
Business, Nuntawun Polkuamdee, Published on 24/01/2024
» The Securities and Exchange Commission (SEC) plans to restrict Thais from investing in non-voting depository receipts (NVDRs) and is holding a public hearing to prohibit securities companies from providing such services.
Regulator to ban Thais from trading NVDRs
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 24/11/2023
» The Securities and Exchange Commission (SEC) is preparing to ban Thai investors from trading non-voting depository receipts (NVDRs), aiming to close an avenue for fraud in the capital market following the More Return Plc (MORE) case.
Investor sells chunk of KTC for XPG venture
Business, Nuntawun Polkuamdee, Published on 29/05/2021
» Thai investor Mongkol Prakitchaiwattana sold off 110 million shares of Krungthai Card Plc (KTC) on Thursday worth 8.22 billion baht, at an average price of 74.75 baht per share, to finance a joint venture in XSpring Capital Plc in collaboration with Sansiri Group, says a securities industry source who requested anonymity.
NVDR aids foreign interest
Business, Nuntawun Polkuamdee, Published on 10/04/2019
» Foreign short-sell transactions on the Stock Exchange of Thailand (SET) remain at normal levels as most foreign equity transactions are still conducted via custodians, says SET president Pakorn Peetathawatchai.
Foreign NVDR shorts permitted
Business, Nuntawun Polkuamdee, Published on 03/04/2019
» The Stock Exchange of Thailand (SET) will allow foreign investors to borrow stocks listed as non-voting depository receipts (NVDRs) for short-selling transactions, effective today.