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Used-car venture

Bank of Ayudhya plans to set up a company to engage in used-car sales and lease-back.

Published on January 26, 2008



Ayudhya Hire Purchase, which will be 99-per-cent held by the bank, will have registered capital of Bt500 million. The funds will come from the bank's cash flow. 

The Nation

HomePro special

HomePro will spend more than Bt20 million to boost sales during the Chinese New Year festival.

Besides discounts of up to 70 per cent, buyers will be entitled to a special bonus. For every Bt23,000 purchase, they will receive a Bt500 voucher. When paying with an HSBC card, shoppers will get a Bt700 gift voucher for every Bt25,000 purchase.

The Nation

Tris raises rating

Hemaraj Land and Development's rating was raised from "BBB+" to "A-" following the company's success in industrial land sales and diversification into utilities and service businesses, says Tris Rating.

The "stable" outlook reflects expectations that Hemaraj can maintain land sales and service income from industrial-estate development.

The Nation


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