Mr Chanchai, seated left, and Wu Lin, senior executive vice-president of Bank of China (Thai) Plc (BOCT), seated right, sign a memorandum of understanding (MoU) on Jan 28. ASL has also launched a new wealth management and investment advisory service with a focus on high-net-worth and institutional investors. ASL and BOCT signed the MoU on Jan 28, with the aim of expanding their businesses and providing Thai investors with more channels to invest in foreign stocks and investment products, while also giving foreign investors more exposure to the Thai stock market. He said that through this cooperation, Thai investors will gain greater access to investment products from the fast-growing Chinese market. At present, ASL's shareholder structure consists of Government Savings Bank (25%), the Venture Cap Co (46%), Mr Chanchai (5%) and Sethiwan group (20%).

Source: Bangkok Post February 01, 2022 09:58 UTC