7 March 2023
Bangkok (7 March 2023) -- Krungsri (Bank of Ayudhya PCL) announced today that, having obtained approvals from the BOT and other relevant regulatory agencies, Krungsri has successfully completed the acquisition of business through the purchase of 99.1% of the share capital of Capital Nomura Securities Public Company Limited (CNS) from Nomura Asia Investment (Singapore) Pte Ltd. (NAIS). As a result, CNS is rebranded to Krungsri Capital Securities Public Company Limited (KCS) and becomes a subsidiary of Krungsri Group. This transaction completion follows the share purchase agreement announced on 30 June 2022.
Krungsri President and Chief Executive Officer Mr. Seiichiro Akita said, “On the occasion of this successful completion of the purchase agreement, I would like to take this opportunity to thank everyone involved and extend a warm welcome to the management team and employees of KCS, the new member of Krungsri group. Together, we will leverage expertise and capability to strengthen Krungsri’s securities business and Krungsri’s position as a trusted partner for customers in Thailand.”
“I am confident that KCS will continue to provide customers with a comprehensive and diverse suite of products and services as well as deliver seamless customer experience. Customers can also rest assured that the existing services will remain as usual,” said Mr. Akita.