Bangkok--Jan 24--SET
The Stock Exchange of Thailand (SET) has approved Asia Credit Securities Co. Ltd. to resume its securities business as SET member company No.15, using “ACS” as its abbreviation.
SET Executive Vice President Mr. Suthichai Chitvanich disclosed that Asia Credit Securities Co., Ltd. will be allowed to commence sending orders to the SET, as SET member company No.15, from January 24, 2005 onwards. The company will use “ACS” as its identification code.
“The SET has considered the ACS’s qualifications and viewed that it meets the SET’s membership rules. Currently ACS has THB500 mln. worth of paid-up capital and holds 4 securities licenses in securities brokerage, trading, and underwriting as well as investment advisory services. It is also currently equipped with adequate personnel and the systems necessary for conducting a securities business,” said Mr. Suthichai.
Asia Credit Securities Co., Ltd., which was formerly known as SG Asia Credit Securities Co. Ltd., has temporarily halted its operations since January 31, 2003. It is located at 11/1-8 Floor of The Emporium Tower, 622 Sukhumvit24, Klongton, Klongtoey, Bangkok 10110, Tel: 0-2658-9000, Fax: 0-2658-9292.
For more information,
please contact the Corporate Communication Dept.:
Ladawan Kantawong Tel: 0-2229-2036 /
Kulvida Jintakawong Tel: 0-2229-2037 /
Nattaporn Boonprapa Tel: 0-2229-2049 End.