{
Bangkok Bank Public Company Limited

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}

PTT Engages UBS and Bualuang for Strategic Review of Downstream Operations

PTT Public Company Limited has appointed UBS Group AG and Bualuang Securities to evaluate strategic options for its downstream businesses, aiming to optimize operations and enhance asset valuations. The company is considering mergers or attracting equity partners while also planning to divest unprofitable units. CEO Kongkrapan Intarajang highlighted the search for partners to bolster expertise and financial resources amid competitive market conditions.
KAOHOON INTERNATIONAL
Bangkok Bank Public Company Limited UBS Group AG PTT Public Company Limited THA Kongkrapan Intarajang Show more
TradFi, Market Report
10:33 06.12.2024

virtual banks set to invest 5.7 billion baht by mid 2026

Three consortiums awarded virtual bank licenses are expected to invest up to 5.7 billion baht within a year to develop digital platforms, with operations commencing by mid-2026. Each consortium is projected to spend 1-1.9 billion baht on IT systems and related assets, while ongoing capital expenditure will be necessary for system maintenance and product enhancements. Key beneficiaries of this investment include Bluebik Group and Beryl 8 Plus, which specialize in tech services for the banking sector.
bangkokpost.com
Thai Baht Sea Group Advanced Info Service Public Company Limited PTT Oil and Retail Business Public Company Limited Bangkok Bank Public Company Limited Krungthai Bank Public Company Ltd. Kunming Branch CHN KOR THA Wasu Mattanapotchanart Chatachaval Jiravanon Show more
TradFi, Market Report
01:40 17.10.2024
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