CHARTERED GROUP ACQUIRED SHAREHOLDING IN MFC, THE MINISTRY OF FINANCE AND GOVERNMENT SAVINGS BANK RETAINED HOLDINGS, REINFORCING SUPPORT FOR MFC'S WORLD-CLASS ASPIRATIONS

Dr. Narongchai asserted, "This transition represents a significant opportunity for the company to develop and grow sustainably with support from Chartered Group, which will strengthen and enhance our capabilities in providing continuous service to all customers and investors."

Chartered Group, the new major shareholder, is a global private equity firm, specializing in investments, business management, operations, and value creation across diverse sectors, including finance, real estate and lifestyle, and advanced technology. The firm has assets under management worth USD 11 billion (approximately THB 350 billion) spanning seven countries: Germany, Hong Kong, Japan, Singapore, Israel, Luxembourg, and Switzerland. Thailand is recognized as a high-potential market owing to the growing public interest in finance and investment, along with its receptiveness to innovative financial products. These factors have prompted this multinational corporation to invest in Thailand.

MFC announced that Chartered Group's acquisition constitutes a long-term investment in Thailand, demonstrating a commitment to advancing MFC's vision in collaboration with its major shareholders such as the Ministry of Finance and Government Savings Bank. The objective is to become the "1st Trusted Investment Partner" through four fundamental principles: (1) Bringing the best investment products, services, and global investment partnerships to the Thai market, (2) Collaborating with major shareholders to unlock financial innovations and opportunities that generate positive social impacts, (3) Partnering to deliver global-standard private wealth solutions, and (4) Promoting financial literacy among investors and Thais to foster sustainable long-term returns.

The change of major shareholders presents a positive development and a significant opportunity to further strengthen the company. The transition allows MFC to enhance the quality of services for its trusted customers and deliver long-term returns to its investors and shareholders. This transition is anticipated to enhance confidence that the collaboration between management and staff throughout the organization will yield beneficial results for all stakeholders involved.

• ข่าวthe acquisition
• ข่าวthe company
• ข่าวo:member
• ข่าวo:bus
• ข่าวo:loc