Daiwa Securities Group and 9 Basil launch DC Advisory Co to power Thailand and SE Asia trade channels
published : 2 Mar 2021 at 11:58
New joint venture to help fuel seamless transactions and business agreements between Thailand and Japan
Daiwa Capital Markets Singapore Limited, wholly owned by Daiwa Securities Group Inc. (Daiwa Securities Group), and 9 Basil Co. Ltd. (9 Basil) have agreed to launch a DC Advisory Co., Ltd. arm in Thailand, DC Advisory (Thailand) Co., Ltd. (DC Advisory (Thailand)). The strategic partnership is set to commence merger and acquisitions financial advisory services across the country and the wider Southeast Asian region. The “DC Advisory” brand has been deployed globally in Daiwa Securities Group’s M&A businesses. 9 Basil is a private equity and distressed debt platform that operates as part of Blueprint Forest Group.
SEA Digest: Daiwa, 9 Basil form JV in Thailand; Grab suspends commissions in Myanmar
February 18, 2021
Daiwa Capital Markets Singapore and 9 Basil have launched a joint venture for M&A advisory services in Thailand, while Grab has suspended collecting any commissions from drivers and restaurant partners until Feb 28, to support the community in the country.
Daiwa, 9 Basil launch M&A advisory in Thailand
Daiwa Capital Markets Singapore Limited wholly owned by Japan’s Daiwa Securities Group Inc and Bangkok-based investment firm 9 Basil Co. Ltd have launched a DC Advisory Co. Ltd arm in Thailand to provide M&A advisory services.
DC Advisory (Thailand) will offer clients across Thailand and the wider Southeast Asian region access to mergers and acquisitions through joint venture advisory, corporate restructuring, and capital market transactions support.
People Digest: Capital Group, East Ventures make top hires; Chiaravanont steps down from Aura
Andrew Lee of Capital Group.
February 9, 2021
Investment firm Capital Group has appointed Andrew Lee as investment director to represent its equity team; East Ventures has appointed Koh Wai Kit as a venture partner; and Schwin Chiaravanont has stepped down from Aura Group.
Capital Group hires Andrew Lee as investment director
Global investment company Capital Group has appointed Andrew Lee as investment director to strengthen its Asia team effective Feb. 1, according to a press statement.
Based in Hong Kong, Lee will represent Capital Group’s equity team, supporting the growth of its global and regional equity portfolios. His responsibilities will include supporting the growth of a range of equity investment portfolios, including Capital Group New Perspective Fund (LUX), and Capital Group New Economy Fund (LUX).