Wednesday, June 26, 2019

Unicapital Group seals partnership with KTB Securities Thailand

UNICAPITAL Group, one of the leading investment houses in the Philippines, signed a memorandum of understanding (MOU) with KTB Securities (Thailand) Public Company Limited (KTBST) to expand market collaborations between Thai and Philippine investors in investment banking and investing in the stock market. The partnership focuses on three possible areas involving: public fund-raising transactions from institutional clients in the Philippine Stock Exchange (PSE) and the Stock Exchange of Thailand (SET), including equity stocks, fixed income, and mutual funds; dual-listing on the PSE and SET; and cooperation in the establishment of infrastructure funds of interested assets or projects in both countries, such as geothermal power plants. Jaime Martirez, chief executive officer of Unicapital Group said the KTBST and Unicapital’s partnership is envisioned to bring companies to public listings in Manila and Bangkok, or cross listings in both markets in line with the Asean thrust to foster greater capital mobility between Asean member countries. (PR)


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