Bangkok--Jan 4--KGI Securities
KGI Group’s 20 million Baht donation for the tsunami victims was presented to the Prime Minister today. KGI has requested that, as well as being used to provide immediate help, the money be used in long-term rehabilitation projects such as the funding of orphanages and schools. In addition to the cash donation, KGI had canceled its annual new-year party, and will instead hold a Buddhist blessing ceremony on January 14th where all staff will be able to pay their respects to the victims.
Today (January 4, 2005) Mr. Angelo J. Y. Koo, the major shareholder of KGI, visited Prime Minister Taksin Shinawatra to make a 20 million Baht donation to help tsunami victims. In making the donation Mr Koo emphasized the need to emphasize long-term rehabilitation including the re-building of homes, and especially the need to care for children orphaned by the disaster. As Taiwan had also experienced natural disasters such as earthquakes, Mr Koo said that he fully sympathized with the Thai people.
In addition to the donation, KGI Securities (Thailand) has canceled its annual new-year party and will instead hold a blessing ceremony for all of the victims of the tsunami. The blessing ceremony will be held on January 14, 2005.
Mr. Angelo said that the KGI Group had operated in Thailand for many years, and that the donation was driven by our deep relationship and regard for the Thai people. As a responsible member of Thai society, we strongly feel that we have a responsibility to help the Thai people.
Our sympathies are will all of the Thai people in this disaster, and the KGI Group is very willing to help Thai government and the people to re-build and recover said Mr. Angelo.
The KGI Group has operations throughout Asia, including KGI Securities (Thailand) PCL, one of the leading securities firms in Thailand. In Thailand the group provides a full range of investment services such as equity trading, investment banking, fixed income investment, securities borrowing and lending, derivative products and mutual funds through 18 branches nationwide. End.