2023-04-27 04:50:55
Mr. Chanon Wangtal, Chief Executive Officer of AQ Estate Public Company Limited (AQ), said that Allay Technology International Company Limited, a subsidiary in which AQ holds 100% of shares, will buy Company B. Yond Capital Co., Ltd. (Beyond), which operates a loan business from Be Logistics Plc. (B), valued at 315 million baht, to create synergy in the credit business to be more complete.
At present, the Company’s financial group business The value of all assets under management of the management company (AUM) is approximately 600-700 million baht and is expected by the end of the year to be able to grow further up to 1,000 million baht. that Beyond has a credit portfolio with quality collateral It also has an asset management license under the supervision of the Bank of Thailand (AMC), which can perfectly extend the existing business. And there is also an Operating Lease business that can be expanded to make EV rentals.
Currently, the company operates a total of 3 credit-finance businesses: 1.) MSC W Co., Ltd. (MSCW) under the name “Ms Money Speed” (MS Money Speed). personal loan Acquired 100% of shares 2.) Pico Solutions (Thailand) Co., Ltd. (PICO) operates a personal loan business. Service in Bangkok and its vicinity holds 10.80% of shares and 3.) Beyond Capital Co., Ltd. or Beyond holds 100% of shares.
By InfoQuest News Agency (27 Apr. ’23)
Tags: AQ, BEYOND, Chanon Wangtan, Beyond Capital, Loan, Thai Stock, AQ Estate
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