Thai bourse licenses Classic Gold Futures Co.,Ltd. as gold broker
Stocks and Financial Services Press Releases Friday January 7, 2011The Thailand Futures Exchange (TFEX) has confirmed Classic Gold Futures Co., Ltd. as its sixth official gold broker. The firm will commence trading on January 10.Classic Gold Futures has met all requirements of TFEX, Thailand Clearing House Co., Ltd., and the Securities and Exchange Commission, TFEX Managing Director Kesara Manchusree reported.
Classic Gold Futures Co., Ltd. is a subsidiary of Classic Gold Co., Ltd., which is more commonly known as Chiab Seng Heng. The parent company, which has been operating for more than 25 years, is recognized as a leading importer-exporter of bullion, gold ornaments and other jewelry.
“Since its conception, gold futures have been well-received by investors, and TFEX has thus continued to expand the investor base for this instrument. Classic Gold Futures Co., Ltd., as a new member of TFEX, will help develop the country’s gold futures trade and make it another successful product in the market”, said Ms.Kesara.
Latest Press Release
The Stock Exchange of Thailand (SET) has joined Maybank Kim Eng Securities (Thailand) plc (MBKET) in the first Opportunity Day, in Chiang Mai, when top management of listed companies will meet directly with regional investors on Friday, May 31 at Centara...
TRIS Rating has affirmed the company and senior debenture ratings of MBK PLC (MBK) at "A" with "stable" outlook. The ratings reflect the stable cash flows from MBK's contract-based retail property business, a close relationship with the Thanachart Group,...
In responding to some newspapers which have raised questions about the status of Shin Corporation pcl (INTUCH) on MSCI Global Standard Indices, The Stock Exchange of Thailand (SET) would like to announce that SET has already provided relevant information...
KASIKORNBANK and Krung Thai Bank have been appointed as joint lead arrangers for the Public Offering of The Debentures of CH. Karnchang No. 1/2013, with five-year-and-nine-month tenor. The issue size will be worth up to 4 billion Baht due in 2019, and is...
HONG KONG (Standard & Poor's) May 22, 2013--Standard & Poor's Ratings Services today assigned its 'BB-' long-term issue rating and 'cnBB+' long-term Greater China regional scale rating to a proposed issue of U.S. dollar-denominated senior unsecured notes...