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Thai Equity - Bottom-up - Equities, Pi Securities PCL, Thailand

Pi Research

Thai Equity - Bottom-up - Equities

Leading, full-service investment firm in Thailand

Pi Securities PCL, Thailand

Pi Securities is a well known securities company with 40 years experience in the industry, serving more than 60,000 clients. We offer one - stop service providing full range of financial products and services including extensive Brokerage, Proprietary Trading (Equities and Bonds), Advisory Services, Structured Products.

Moreover, our new research team tailored for institutional clients to focus on mid to small cap of Thai equities and trading strategies. Our services offered to our premium clients also include arrangement of company or site visits to with the managements of Thai listed companies.

Note: Effective on 1 March 2022, Country Group Securities PCL changed its name to Pi Securities

Equity Bottom-Up

<ul>
<li>We have a slight positive view on the company’s new investment in Thanulux PCL (TNL)as it expected to expand loan portfolio and strengthening synergy among business entities under financial service</li>
<li>Bonding with leading consumer products conglomerate ‘SPI’ The company announced to acquire newly issued ordinary shares under private placement of TNL,the ready-made clothes and leather ware manufacturers and the subsidiary</li>
<li>After the transaction complete by end of 2022, TNL will invest in the secured lending business (land as a collateral) called ‘Oxygen’ worth around Bt4.3bn (90% stake). Currently</li>
</ul>


We have a slight positive view on the company’s new investment in Thanulux PCL (TNL)as it expected to expand loan portfolio and strengthening synergy among business entities under financial service
Bonding with leading consumer products conglomerate ‘SPI’ The company announced to acquire newly issued ordinary shares under private placement of TNL,the ready-made clothes and leather ware manufacturers and the subsidiary
After the transaction complete by end of 2022, TNL will invest in the secured lending business (land as a collateral) called ‘Oxygen’ worth around Bt4.3bn (90% stake). Currently


BTS : Expect Long-Term Synergy with SPI PCL

BTS Group Holdings

BTS : Expect Long-Term Synergy with SPI PCL