Thailand Financial News

GREENCONFERENCING.COM LAUNCHED… CHICAGO: InterCall, a global leader in conferencing and collaboration services, has announced the launch of GreenConferencing.com. This Web site gives employees the knowledge and resources they need to help their business reduce their carbon footprint, whether through conferencing or other strategies.
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Waiver of credit card transaction fee, possibility of using rewards points in place of cash and the chance to win an extensive range of complimentary gifts

Mr.Woravut Nisapakulthorn, Senior Vice President – Partnership Marketing, “KTC” or Krungthai Card Public Company Limited, said “We see the potentials of engaging in marketing activities with air conditioned retail spaces as these are large centers distributing clothing items and consumer products at reasonable prices in highly populated areas.
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The Stock Exchange of Thailand (SET) Board of Governors (BoG) resolved today (Dec. 26) to establish the mai Matching Fund Co., Ltd. as a subsidiary, operating as a venture capitalist with an initial fund of THB 10 million, derived from the initial budget of THB1,000 million (approx.
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The Stock Exchange of Thailand (SET) has noted that there have been extraordinary increase in price of LIVE INCORPORATION PCL. “LIVE” under high speculation during 19 to 26 Dec, 2007 compare to previous period.

To prevent such negative repercussions, member firms of the SET are hereby prohibited from providing both net settlement trading and margin loans trading for the company’s securities.

Mizuho Financial Group, Inc. (“MHFG”) hereby announces partial corrections in its “Financial Statements for the First Half of Fiscal 2007,” “Summary of Interim Results for Fiscal 2007” and “Selected Financial Information for the First Half of Fiscal 2007” disclosed on November 14, 2007 and other financial reports.

(“Financial Statements — www.theasianbanker.com (December 27 2007)–

Fitch Ratings-Mumbai/Singapore-26 December 2007: Fitch Ratings has assigned expected ratings to the following issuances of single loan sell-downs:

- INR502.5 million Corporate Loan Securitisation Series XXIII Trust 2006 (Series B): ‘AA(ind)(SO)’ — www.theasianbanker.com (December 27 2007)–
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Mizuho Financial Group, Inc. (“MHFG”) hereby announces that the Board of Directors of Mizuho Bank, Ltd. (President and CEO: Seiji Sugiyama), a consolidated subsidiary of MHFG, at a meeting held on December 25, 2007, has resolved to purchase shares of Credit Saison Co., Ltd.
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Shinsei Bank, Limited, (“Shinsei Bank”) today announced that the Prime Minister of Japan has granted approval to investors including newly formed investment vehicles (the “Tender Offerors”) and certain affiliates of J.C. Flowers & Co. LLC to become major shareholders of Shinsei Bank under the Banking Law of Japan.

Receipt of these approvals was a condition to the tender offer currently being conducted by the Tender Offerors for up to 358,455,953 common shares (representing 22.7%) of the currently outstanding common shares of Shinsei Bank at a tender offer price of 425 yen per share.
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Standard & Poor’s, a division of The McGraw-Hill Companies (NYSE:MHP), is the world’s foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 8,500 employees, including wholly owned affiliates, located in 21 countries, Standard & Poor’s is an essential part of the world’s financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions.
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Dr. Maruey Phadoongsidhi, former Deputy Minister of Finance and his spouse, Mrs. Pitaya Phadoongsidhi presided over at the wedding celebration party between Dr. Jarunee Lertsapanand, daughter of Mr. Udom and Mrs. Wanna Lertsapanand, and Mr. Veetra Chantanavarangkoon, son of Mr.
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