Anuchit Nguyen
Stories by Anuchit Nguyen
Thai asset manager BAM said to plan raising $700m in Bangkok IPO
The Thai central bank plans to reduce its stake in BAM to less than 50% through the share sale, down from 100% currently.
Thai billionaire clan in focus after Leicester City owner’s death
While the Srivaddhanaprabhas are famous for their turnaround of Leicester City, the family’s fortune is derived mostly from its duty-free giant back
Thai firms raise $2b via IPO in one single month amid global market rout
Within SE Asia, only companies in Vietnam have raised more through IPOs this year.
Thai energy drink maker Osotspa said to raise $463m in IPO
Osotspa, which makes beverages under the M-150 and Shark brands, adds to the $1.5 billion raised through Thai IPOs this year.
Bangkok Dusit Medical now boasts a $13b empire courtesy ageing population, medical tourism
With a market value of $13 billion, it has surpassed Malaysia’s IHH Healthcare Bhd., to take the mantle of largest developing-nation company in the
Thailand’s $54b pension fund scouting for international advisers
The Social Security Office, which manages social-security funds for 14 million Thais, is seeking to draw new investment guidelines and will invite for
Thai billionaire’s retail arm CP All eyes China, India expansion
CP All’s cash-and-carry unit Siam Makro Pcl is studying opportunities in the two countries, as well as the possibility of setting up a store in Myan
Asian pension funds cut back on stocks as U.S. and China fight
Australia’s largest pension manager will cut its equities exposure over the next 12 months, moving more money into fixed income and cash. A Thai fun
Thailand to regulate cryptocurrencies, ICOs from April
Offerings of digital coins as well as trading platforms will fall under the regulatory framework.
Thailand’s Red Bull rival Carabao slumps weighed down by overseas expansion
Thailand’s Carabao Group has fallen almost 40% on a total return basis from a peak in October last year. The drop is the worst globally among soft-d