Ngern Tid lor Public Company Limited (TIDLOR) has ensured it will not be affected by the new regula-tion from the Office of Consumer Protection Board (OCPB) that puts a ceiling of 15% on annual interest rates for hire-purchase agreements on vehicles, including personal cars, motorcycles, and tractors and other agricultural machinery, with the company’s credit limit for new customers at 0.5%.
SINGAPORE (THE BUSINESS TIMES) - Companies in South-east Asia raised a record US$4.9 billion (S$6.65 billion) through initial public offerings (IPOs) in the first six months of this year, according to Bloomberg s equity capital markets data.
With a further US$4.1 billion raised through additional and rights offerings, the total amount raised by these newly listed firms via the equity capital markets was up 50 per cent from the pre-Covid-19 level in the first half of 2019.
The newly listed firms recorded an average return of 59 per cent in their respective first months of trading.
Indonesia saw the most deals in the region, with 23 companies listing on the Indonesia Stock Exchange in the first half of this year. Bloomberg deemed the country to be on track for a record year , with e-commerce firm Bukalapak.com s US$1.5 billion IPO this month being the largest listing in a decade.
Capital crush
published : 5 May 2021 at 04:00
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As the pandemic slogs into its second year, Thai companies are increasingly looking to capital markets as a source of funding during a time of unreliable investor sentiment.
The Thai initial public offering (IPO) market is expected to remain active for the next few years, grabbing a leading spot in Asean, spurred by a slow economic recovery that is forcing unlisted firms with low liquidity to seek working capital.
Businesses run by large families are now more interested in listing on the Stock Exchange of Thailand (SET) to raise funds for expansion and liquidity enhancement after suffering from the pandemic for over a year, said Anuwat Ruamsuke, managing director of Phatra Securities.
published : 16 Apr 2021 at 17:15
Ngern Tid Lor and Cigna combine to offer user-friendly accident insurance
Ngern Tid Lor Public Company Limited, led by Athitaya Phoonwathu (2nd right), Head of Insurance Broker Department, in collaboration with leading partner
Cigna Insurance PCL, led by
Jarut Sukkhawadee (2nd left), Chief Commercial Officer, launched an exclusive personal accident (PA) insurance product, available only at Ngern Tid Lor. “Krobkrua Oonjai” plan covers the whole family with a range of protections for as little as 1,779 baht a year. Moreover, the more you hold, the more value “Taweekoon” offers – up to 2,400,000 baht cover, plus high income compensation according to specified conditions. No advance payment is required and rates start from 3,199 baht a year.