Bangkok--25 Sep--SET
The Stock Exchange of Thailand (SET) announces that Land & Houses Securities pcl, under the ticker symbol “LHS”, will be ready to operate as a securities and derivatives brokerage from September 29, 2014 onwards.
SET President Kesara Manchusree said LHS was qualified to operate a brokerage business, after completely implementing system test, human resource and risk management. Thus, SET, Thailand Futures Exchange PCL and Thailand Clearing House Co., Ltd. had approved it to resume operations, including a clearing service, using its former broker member number five.
“The LHS’s resumption will enhance and drive its business expansion, boosting its capacity to access new customers with demand to trade in both securities and derivatives markets seamlessly and efficiently. The broker is planning to expand three new branches in 2015”, Kesara said.
LHS, formerly known as CIMB Securities International (Thailand) pcl, had temporarily suspended its operations since December 1, 2012, then restructured its shareholding and management team and changed its name to LHS.
LHS is located at 11 Q.House Sathorn FL M, South Sathorn road, Thungmahameak, Bangkok 10120, with contact Tel 0-2352-5100 and www.lhsec.co.th