The Managing Director of the Capital Market Opportunity Center (CMOC) and the Market for Alternative Investment (MAI), of the Stock Exchange of Thailand (SET), Ms. Sopawadee Lertmanaschai, disclosed that, after the SET allowed for applications of non-member companies or subbrokers to become full member companies of the SET, all eleven subbrokers have submitted applications and, starting from Monday May 20, 2002, two new brokers will be joining the bourse. Credit Suisse First Boston Securities (Thailand) Ltd. will assume the SET membership No. 9 using the code 'CSFB' while Finansa Securities Co., Ltd. will assume membership No. 33 using the code 'FINANSA'.
"In addition to these two new brokers, Asset Plus Securities Co., Ltd will assume SET membership on June 3. Moreover, there are three securities companies expected to be ready to advance to full SET membership within this year, namely CLSA Securities (Thailand) Ltd., HSBC Securities (Thailand) Ltd., and Vajira Finance and Securities Ltd. Global Thai Securities Ltd., Barclays Capital Securities (Thailand) Ltd., and BTM Finance and Securities Ltd. are also undertaking the preparation process," Ms. Sopawadee said.
Credit Suisse First Boston Securities (Thailand) Ltd. has 331 million baht in registered capital. It currently provides brokerage services to only institutional investors and does not have any plans to serve retail customers. Its headquarters is located at 990 Abdulahim Place, 27th Floor, Suite 2701, Rama IV Road, Silom, Bangrak, Bangkok 10500. Tel: 0-2614-6000, Fax: 0-2614-6362. The company's official website is at www.csfb.com
Finansa Securities Co., Ltd. has 200 million baht in registered capital. The company holds all four securities licenses to offer the following services: securities brokerage, securities trading, investment advisory, and securities underwriting. Its headquarters is located at 48/14-15, 8th Floor, TISCO Tower, North Sathorn Road, Silom, Bangrak, Bangkok 10500. Tel: 0-2638-0300, Fax: 0-2638-0301. The company's official website is at www.finansa.com.
The Asset Plus Securities Co., Ltd. has 225 million baht in registered capital and mainly operate the investment banking and securities businesses. Moreover, it also offers other financial services as well as the investment-related services. Its headquarters is located at 193/111-5 Lake Rachada Tower, 27th Floor, Rachadapisek Road, Bangkok 10110. Tel: 0-2661-9999, Fax: 0-2661-9988. The company's official website is at www.assetplus.com
Two subbrokers that have already become full-fledged SET members are Trinity Securities Co., Ltd on March 11, and Bualuang Securities Co., Ltd. on May 7. For more information about the SET member companies, please browse through www.set.or.th.