Thailand

Acquisition of PrimaVest approved by BAY

Acquisition of PrimaVest approved by BAY

Bank of Ayudhya approved Ayudhya Fund Management Company Limited's move to acquire 100 percent of PrimaVest Asset Management Company shares. The transaction is expected to be completed by July 2009 subject to approvals of Securities Exchange Commission and relevant authorities.

Siam Commercial Bank to offer govt savings bonds

SCB takes part in the government's economic action plan by offering government savings bonds on 13 to 17 July and 20 to 21 July.