Post by account_disabled on Jan 2, 2024 22:31:17 GMT -6
The SAWAD board gives the green light to BFIT to merge with Srisawat Capital (SCAP) and is ready to hold a shareholder meeting to vote for approval on June 23. Executive Thida Kaewbutta stated that this business restructuring has a positive impact on shareholders. BFIT in penetrating the outstanding growth in the retail lending business. Supporting sustainable growth of the Srisawat Group Clear business separation in operations To enter the business expansion stage of SAWAD in the New S Curve style.
Thida Kaewbutta, Director of WhatsApp Number List Corporate Strategy, Srisawat Corporation Public Company Limited or SAWAD, revealed that the company is aware of operating businesses in order to grow the business sustainably. By looking at the holistic business development picture Do not rely on just one business. and has continuously restructured the business structure within the organization Most recently, the Board of Directors' meeting considered approving Srisawad Finance Public Company Limited (BFIT) to return the finance business license granted by the Bank of Thailand (BOT) in order to create business flexibility and Expand your business even more .
The plan is to operate a business providing hire purchase loans (Hire Purchase) to general retail individuals who wish to purchase new motorcycles from distributors. and the personal loan business under the supervision of the BoT. The Company will sell all 39,000,000 SCAP common shares held by the Company with a par value of 5 baht per share, representing 65%, to BFIT by issuing New shares of BFIT in exchange for shares of SCAP, a subsidiary of the Company. “This important step in the merger of BFIT and SCAP is part of the business restructuring plan to push SCAP, which takes care of the credit business which has a tendency to grow exponentially and outstandingly, to operate business with flexibility.
Thida Kaewbutta, Director of WhatsApp Number List Corporate Strategy, Srisawat Corporation Public Company Limited or SAWAD, revealed that the company is aware of operating businesses in order to grow the business sustainably. By looking at the holistic business development picture Do not rely on just one business. and has continuously restructured the business structure within the organization Most recently, the Board of Directors' meeting considered approving Srisawad Finance Public Company Limited (BFIT) to return the finance business license granted by the Bank of Thailand (BOT) in order to create business flexibility and Expand your business even more .
The plan is to operate a business providing hire purchase loans (Hire Purchase) to general retail individuals who wish to purchase new motorcycles from distributors. and the personal loan business under the supervision of the BoT. The Company will sell all 39,000,000 SCAP common shares held by the Company with a par value of 5 baht per share, representing 65%, to BFIT by issuing New shares of BFIT in exchange for shares of SCAP, a subsidiary of the Company. “This important step in the merger of BFIT and SCAP is part of the business restructuring plan to push SCAP, which takes care of the credit business which has a tendency to grow exponentially and outstandingly, to operate business with flexibility.