Home > Business > Bualuang to pay offINg for TICOn Property fund

Bualuang to pay offINg for TICOn Property fund

By The Nation
Published on May 27, 2008

Bualuang Asset Management has said it would pay ING Funds, the current manager of the Ticon Property Fund, the required management fees to get the property fund, which it initiated.

Worawan Tarapoom, Bualuang's managing director, said the company would pay the fine as stated in the contract.

That includes two years of lost management-fee income.

With Securities and Exchange Commission and Stock Exchange of Thailand approval of the move, Worawan is confident Bualuang will get the 50 per cent of votes from unit holders needed to pass the motion to relocate.

{literal}

{/literal}

New moves to promote sticky rice
The government will soon launch measures to boost sticky rice consumption, both domestic and overseas, to....
Gas pipelines boost govt ngv drive
The Energy Ministry has proposed short and long-term measures to promote natural gas for vehicles (NGV),....

{literal} {/literal}

Bualuang to pay offINg for TICOn Property fund

Bualuang Asset Management has said it would pay ING Funds, the current manager of the Ticon Property Fund, the required management fees to get the property fund, which it initiated.

OTHER BUSINESS

New moves to promote sticky rice

Gas pipelines boost govt ngv drive

Top Stories