Friday, December 16, 2011

OSK Securities Thailand gets licence nod from Thai govt

KUALA LUMPUR (Dec 16): OSK Securities (Thailand) Public Co. Ltd (OSKST) has obtained the permanent approval for the foreign business licence from the Thai regulator.

OSK HOLDINGS BHD [] said on Friday the Thai unit had obtained the permanent approval for the foreign business licence from the Ministry of Commerce and the fees were paid on Dec 13.

'The aforesaid licence would enable OSKST to undertake such''businesses relating to securities businesses and services as approved by the Ministry of Finance and the Securities and Exchange Commission, Thailand,' it said.

OSKST was formerly known as BFIT Securities Public Co. Ltd, a subsidiary of OSK Investment Bank Bhd.

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