21 July 2021 Subject : Disclosure of Additional Information on The

Total Page:16

File Type:pdf, Size:1020Kb

21 July 2021 Subject : Disclosure of Additional Information on The (Translation) 21 July 2021 Subject : Disclosure of Additional Information on the Tender Offer for the Securities of Intouch Holdings Public Company Limited To : Secretary-General of the Office of the Securities and Exchange Commission President of the Stock Exchange of Thailand Board of Directors and Securities Holders of Intouch Holdings Public Company Limited Reference : Tender Offer for the Securities of Intouch Holdings Public Company Limited dated 28 June 2021 Gulf Energy Development Public Company Limited (the “Offeror” or the “Company”) has submitted the Tender Offer for the Securities of Intouch Holdings Public Company Limited (“INTUCH” or the “Business”) on 28 June 2021 for which Bualuang Securities Public Company Limited acts as a tender offer preparer for this matter (the “Tender Offer Preparer”). The Offeror and the Tender Offer Preparer would like to disclose the following additional information with regard to the tender offer of the Business where the additional information is underlined and the deleted information is strikethrough: 1. Part 1 Page 1 and 2 Objectives of the Tender Offer Original ...In this regard, the Offeror intends to make a tender offer for all ordinary shares in INTUCH, excluding the ordinary shares in INTUCH that the Offeror held as of 28 June 2021 which is the date prior to the date on which the Tender Offer for Securities of INTUCH becomes effective, at the Offer Price of THB 65.00 per share. As of 16 June 2021, the Offerer held 606,878,314 ordinary shares in INTUCH, representing 18.93 per cent of the issued and paid-up shares in INTUCH. In the case that the Offeror acquires additional ordinary shares in INTUCH through the Stock Exchange of Thailand (the “SET”) on 25 and 28 June 2021 which is the date prior to the date on which the Tender Offer for Securities of INTUCH becomes effective at the price of not more than THB 65.00 per share, the Offeror will disclose the most updated relevant information (such as a number of INTUCH shares and shareholding percentage held by the Offeror on the date prior to the Offer Period, the highest price paid for shares acquired by the Offeror during the period of 90 days prior to the date on which the Tender Offer document is submitted to the Securities and Exchange Commission (the “SEC”), the amount of the offered securities and the funds required for the Tender Offer, etc.) through SET Portal and the SEC’s website prior to the date on which the Tender Offer for Securities of INTUCH becomes effective. Revision ...In this regard, the Offeror intends to make a tender offer for all ordinary shares in INTUCH, excluding the ordinary shares in INTUCH that the Offeror held as of 28 June 2021 which is the date prior to the date on which the Tender Offer for Securities of INTUCH becomes effective, at the Offer Price of THB 65.00 per 1 share. As of 16 and 28 June 2021, the OfferorOfferer held 606,878,314 ordinary shares in INTUCH, representing 18.93 per cent of the issued and paid-up shares in INTUCH (the Offeror did not acquire additional ordinary shares in INTUCH through the Stock Exchange of Thailand (the “SET”) from 16 to 28 June 2021). In the case that the Offeror acquires additional ordinary shares in INTUCH through the Stock Exchange of Thailand (the “SET”) on 25 and 28 June 2021 which is the date prior to the date on which the Tender Offer for Securities of INTUCH becomes effective at the price of not more than THB 65.00 per share, the Offeror will disclose the most updated relevant information (such as a number of INTUCH shares and shareholding percentage held by the Offeror on the date prior to the Offer Period, the highest price paid for shares acquired by the Offeror during the period of 90 days prior to the date on which the Tender Offer document is submitted to the Securities and Exchange Commission (the “SEC”), the amount of the offered securities and the funds required for the Tender Offer, etc.) through SET Portal and the SEC’s website prior to the date on which the Tender Offer for Securities of INTUCH becomes effective. 2. Part 1 Page 4 and 5 Clause 12 Source of Funds for the Tender Offer Original In the case that all the Offerees sell all of the remaining ordinary shares in this Tender Offer, excluding 606,878,314 ordinary shares in the Business held by the Offeror as of 16 June 2021, the funds required for the Tender Offer for all of the remaining ordinary shares of the Business will be equal to THB 168,981,815,145 (One Hundred and Sixty Eight Billion Nine Hundred and Eighty One Million and Eight Hundred and Fifteen Thousand and One Hundred Forty Five Baht). The full amount of the source of funds for this Tender Offer will come from borrowings from the financial institutions. KrungThai Bank Public Company Limited, Kasikornbank Public Company Limited, Siam Commercial Bank Public Company Limited, Government Savings Bank, United Overseas Bank (Thai) Public Company Limited, TMBThanachart Bank Public Company Limited, TISCO Bank Public Company Limited, Kiatnakin Phatra Bank Public Company Limited, Deutsche Bank AG, Singapore Branch, Standard Chartered Bank (Singapore) Limited, Maybank International Labuan Branch, and Sumitomo Mitsui Banking Corporation Singapore Branch have issued confirmation letters stating that the banks have approved loan facilities to the Offeror for the purpose of Tender Offer for Securities of INTUCH in the amount of not less than THB 168,981,815,145 (One Hundred and Sixty Eight Billion Nine Hundred and Eighty One Million and Eight Hundred and Fifteen Thousand and One Hundred Forty Five Baht)1 to make a payment for this Tender Offer. (Attachment 1) In the case that the Offeror additionally acquires INTUCH shares from its additional share acquisition through the SET on 25 and 28 June 2021, the amount that the Offeror will need for this Tender Offer for Securities of INTUCH will reduce and the funds from the financial institutions mentioned above will still be sufficient for this Tender Offer for Securities of INTUCH. Bualuang Securities Public Company Limited, as the Tender Offer Preparer, has verified the source of funds of the Offeror and viewed that the loan facility is sufficient for conducting this Tender Offer. 1 Including loan facility in US dollar currency, which was converted into THB using an average exchange rate of 30.99334 THB/USD as at 16 June 2021 (Source: Bank of Thailand) 2 Revision In the case that all the Offerees sell all of the remaining ordinary shares in this Tender Offer, the Offeror shall make a tender offer for all remaining 2,599,720,233 (Two Billion Five Hundred and Ninety Nine Million and Seven Hundred and Twenty Thousand and Two Hundred and Thirty Three) ordinary shares of the Business, representing 81.07 per cent of the total issued and paid-up shares of the Business and of the total voting rights of the Business (excluding 606,878,314 ordinary shares in the Business held by the Offeror as of 16 June 2021)., tThe funds required for the Tender Offer for all of the remaining ordinary shares of the Business will be equal to THB 168,981,815,145 (One Hundred and Sixty Eight Billion Nine Hundred and Eighty One Million and Eight Hundred and Fifteen Thousand and One Hundred Forty Five Baht). The full amount of the source of funds for this Tender Offer will come from borrowings from the financial institutions. KrungThai Bank Public Company Limited, Kasikornbank Public Company Limited, Siam Commercial Bank Public Company Limited, Government Savings Bank, United Overseas Bank (Thai) Public Company Limited, TMBThanachart Bank Public Company Limited, TISCO Bank Public Company Limited, Kiatnakin Phatra Bank Public Company Limited, Deutsche Bank AG, Singapore Branch, Standard Chartered Bank (Singapore) Limited, Maybank International Labuan Branch, and Sumitomo Mitsui Banking Corporation Singapore Branch have issued confirmation letters stating that the banks have approved loan facilities to the Offeror for the purpose of Tender Offer for Securities of INTUCH in the amount of not less than THB 168,981,815,145172,682,180,000 (One Hundred and Seventy Two Sixty Eight Billion SixNine Hundred and Eighty TwoOne Million and One Hundred and Eighty ThousandEight Hundred and Fifteen Thousand and One Hundred Forty Five Baht)1 to make thea payment for this Tender Offer. Details of such loan facilities can be summarized as below: Number Financial Institutions Loan Facility Amount (THB) 1. KrungThai Bank Public Company Limited 20,000,000,000 2. Kasikornbank Public Company Limited 10,000,000,000 3. Siam Commercial Bank Public Company Limited 20,000,000,000 4. Government Savings Bank 15,000,000,000 5. United Overseas Bank (Thai) Public Company Limited 10,000,000,000 6. TMBThanachart Bank Public Company Limited 5,000,000,000 7. TISCO Bank Public Company Limited 5,000,000,000 8. Kiatnakin Phatra Bank Public Company Limited 4,000,000,0002 9. Deutsche Bank AG, Singapore Branch 10. Standard Chartered Bank (Singapore) Limited Total loan facility of THB 11. Maybank International Labuan Branch 83,682,180,0003 12. Sumitomo Mitsui Banking Corporation Singapore Branch Total 172,682,180,000 1 Including loan facility in US dollar currency, which was converted into THB using an average exchange rate of 30.99334 THB/USD as at 16 June 2021 (Source: Bank of Thailand) 2 Fund confirmation letter of Kiatnakin Phatra Bank Public Company Limited stated that such bank will provide financial support to the Company in the amount of not exceeding THB 6,000 million. However, the amount of loan facility, based on the executed loan facility agreement, is at THB 4,000 million 3 The loan facility is in US dollar currency, which was converted into THB using an average exchange rate of 30.9934 THB/USD as at 16 June 2021 (Source: Bank of Thailand) 3 (Please consider further details of Confirmation Letter on Source of Funds Available for the Tender Offer in Attachment 1) In the case that the Offeror additionally acquires INTUCH shares from its additional share acquisition through the SET on 25 and 28 June 2021, the amount that the Offeror will need for this Tender Offer for Securities of INTUCH will reduce and the funds from the financial institutions mentioned above will still be sufficient for this Tender Offer for Securities of INTUCH.
Recommended publications
  • Performance of the Thai Banking System in the Second Quarter of 2021 Ms
    No. 63/2021 Performance of the Thai Banking System in the Second Quarter of 2021 Ms. Suwannee Jatsadasak, Senior Director, Bank of Thailand, reported on the Thai banking system’s performance in the second quarter of 2021 that the Thai banking system remained resilient with high levels of capital fund, loan loss provision and liquidity to cushion economic impacts from COVID-19 pandemic as well as play an important role in facilitating assistances for borrowers in need and accommodating loan demand. Credit assistance measures, coupled with revisions to rules on loan classification and provisioning helped alleviate the deterioration of bank loan quality. Meanwhile, banking system’s profitability improved from the same period last year due mainly to lower provisioning expenses as banks set aside high levels of provision in the previous year. Details are as follows: Capital Fund of the Thai banking system was at 3,038.1 billion baht, equivalent to capital adequacy ratio (BIS ratio) of 20.0%. Loan loss provision remained high at 851.5 billion baht with NPL coverage ratio of 152.2%. Liquidity coverage ratio (LCR) registered at 186.7%. In the second quarter of 2021, banks’ overall loan growth was 3.7% year-on-year, slightly lower than 3.8% in the previous quarter. Details on bank loan are as follows: Corporate loan growth decelerated to 2.6% year-on-year due to an increase in large corporates’1 loan usage during the second quarter of last year when financial markets were volatile, causing funding switch from corporate bond issuances to bank loan. Furthermore, there was also an increase in funding from corporate bond issuances in this quarter.
    [Show full text]
  • Tender Offer of ARIP-R (Not to Be Delisted from SET )
    Tender Offer of ARIP-R (Not to be delisted from SET ) Under the Coronavirus disease (COVID-19) outbreak situation, our staff are required to work from home until the situation is better as the governmental policy. Please be informed that the right / benefit facilitation process is temporarily unavailable. If you would like to submit documents, please contact your marketing officer directly. Please be informed accordingly and we apologize for any inconvenience. Tender Offer Price 0.65 THB per share with the net price at 0.648261 THB per share Closing Price of ARIP-R 1.02 THB as closing of July 19th, 2021 Tender Offer Period July 8th - August 10th, 2021 Tender Offer Settlement Date August 18th, 2021 Last Buying Date for Tender Offer August 5th, 2021 Required Documents 1. A Share Transfer Form (Signed) 2. A Tender Offer Acceptance Form for NVDR (Signed) 3. A Power of Attorney (Signed) 4. Two copies of ID Card (Please sign your signature as true copy) 5. A signed copy of your bank account which page showing your bank account details - Bank of Ayudhaya (BAY) - Siam Commercial Bank (SCB) - Bangkok Bank (BBL) - Krung Thai Bank (KTB) - Kasikorn Bank (KBANK) - TMBThanachart Bank (TTB) - United Oversea Bank (UOB) - CIMB Thai Bank (CIMBT) - Land and House Bank (LHBANK) 6. Transfer share fees + Stamp Duty + Other = 80 THB Submit Documents to via KTZ Please complete all required documents and submit to your marketing officer. All must be arriving KTZ latest by August 9th, 2021 before 4.00 pm. (Thailand Time) For late submission or incompleted documents, we will not take any responsibility for any loss may incur.
    [Show full text]
  • Tmbthanachart Bank Pcl (TTB) Rating: HOLD Fair Price: Bt1.17 Close Price: Bt1.00
    Company Update Wednesday, July 21, 2021 I V Global Securities Public Company Limited TMBThanachart Bank Pcl (TTB) Rating: HOLD Fair price: Bt1.17 Close price: Bt1.00 2Q21 results beat consensus Company Information TMB reported 2Q21 net profit of Bt2.5bn (-18% YoY and -8.9% QoQ). Ticker: TMB TB The results beat the Bloomberg consensus estimate of Bt2.19bn. Pre- Sector: Financials provision operating profit (PPOP) fell by 3.4% YoY and 4.7% QoQ to Shares outstanding (m): 96,409.42 Bt8.5bn during 2Q21. Expected credit loss (ECL) for 2Q21 rose by 10.4% Market capitalization (Btm): 96,409.42 YoY but was flat QoQ at Bt5.5bn, suggesting credit costs at 160bps of Trading vol/day (‘000 shares): 489,960.76 Free float (%): 34.20 loans. 1H21 net profit declined by 26.8% YoY to Bt5.32bn, accounting for Beta: 1.52 46.7% of our full-year estimate. About 14% of total loans (of Bt1.36trn) were in the debt-relief program, stable QoQ. Most of them were in the second phase of the Bank of Major Shareholders Thailand’s (BOT) relief measures (i.e., additional requests with sequential ING BANK N.V. 23.0% offerings). As of June 2021, commercial customers under forbearance Thanachart Capital Pcl 21.2% accounted for 16% of total commercial loans and retail customers Ministry of Finance 11.8% Vayupak Fund 10.4% comprised 13% of total retail loans, respectively. Thai NVDR 3.0% NPL ratio rose from 2.75% at end 1Q21 to 2.89% at end 2Q21. In absolute terms, NPLs were up by 0.3% QoQ to Bt43.54bn.
    [Show full text]
  • Debt Investment Report As of Jun 2021
    Principal Fixed Income Retirement Mutual Fund Investment of Fixed Income, Deposit and Hybrid Report As of 31 August 2021 Managed By Principal Asset Management Co., Ltd. Issuer Symbol Cert./Aval/ Rating* Issue Rating* Cert./Aval/Gua. Maturity Date Fair Value Fair Value/NAV. Upper Limit (%) Guarantee (%) Rating Agency Rating Rating Agency Rating (A) Local & Off-Shore Sovereign Bonds 43,805,684.27 44.57 Government Bonds 34,315,155.12 34.91 MINISTRY OF FINANCE 34,315,155.12 34.91 Bond BOT 9,490,529.15 9.66 BANK OF THAILAND 9,490,529.15 9.66 (B) Fixed Income Instruments Issued, accepted, avaled, endorsed 6,024,246.83 6.13 or guaranteed by banks established by special laws, commercial banks or finance companies Bank Deposit 5,310,114.13 5.40 TMBThanachart BANK PUBLIC COMPANY LTD. FITCH A+ 477,954.84 0.49 KRUNG THAI BANK PUBLIC COMPANY LIMITED FITCH AA+ 2,523.13 0.00 TISCO BANK PLC . TRIS A 2,265.80 0.00 CIMB THAI Bank Public Company Limited FITCH AA- 4,807,153.83 4.89 UNITED OVERSEAS BANK ( THAI ) PUBLIC COMPANY FITCH AAA 20,216.53 0.02 LIMITED THANACHART BANK PLC. TRIS AA- 0.00 0.00 Bond Bank 714,132.70 0.73 BANK OF AYUDHYA PLC. FITCH AAA 714,132.70 0.73 (C) Investment grade Rated Fixed Income Instruments 48,689,539.20 49.54 Bond Corporate 48,689,539.20 49.54 TRUE CORPORATION PLC.. TRIS BBB+ 2,817,419.33 2.87 TPI POLENE PLC. TRIS BBB+ 407,549.74 0.41 LAND AND HOUSE PLC.
    [Show full text]
  • Tmbthanachart Bank TTB
    Earnings brief Wed, Jul 21, 2021 TMBThanachart Bank TTB TMBThanachart Bank Bloomberg TMB TB Public Company Limited Reuters TMB.BK Tactical: NEUTRAL 2Q21: Beat on lower provisions (3-momth) TMB’s 2Q21 earnings beat SCBS and consensus forecasts on lower Stock data provisions than expected and reflect stable asset quality, contracting Last close (Jul 20) (Bt) 1.00 loans, stable NII, lower non-NII and easing cost to income ratio from lower Target price (Bt) 1.25 Mkt cap (Btbn) 96.41 integration cost. We maintain Neutral with an unchanged TP of Bt1.25. Mkt cap (US$mn) 2,940 Although it appears undervalued, we expect share price to be dragged by a sluggish earnings outlook for 2H21 and rising asset quality risk. Beta L Mkt cap (%) SET 0.54 2Q21: Beat on lower-than-expected provisions. TMB reported 2Q21 earnings Sector % SET 8.04 of Bt2.53bn (-9% QoQ, -18% YoY), 25% above our forecast of Bt2bn and 20% above Shares issued (mn) 96,409 consensus forecast of Bt2.1bn. Behind the beat was lower provisions than Par value (Bt) 0.95 12-m high / low (Bt) 1.3 / 0.8 expected. Avg. daily 6m (US$mn) 16.00 Foreign limit / actual (%) 49 / 28 Highlights: Free float (%) 34.2 Dividend policy (%) NA 1) Asset quality: NPLs were stable QoQ (+12% if write-offs are added back), as a result of write-offs and sale of NPLs. Credit cost inched up 2 bps QoQ (+18 bps Price performance YoY) to 1.60%. LLR coverage was stable at 125%. 1H21 credit cost was 1.59%, 2.0 (Bt) below its full-year guidance of 1.6-1.8%.
    [Show full text]
  • FTSE Publications
    2 FTSE Russell Publications FTSE All World ex Controversies ex 19 August 2021 CW Index Indicative Index Weight Data as at Closing on 30 June 2021 Index Index Index Constituent Country Constituent Country Constituent Country weight (%) weight (%) weight (%) 1&1 AG <0.005 GERMANY Aeon Mall <0.005 JAPAN Alleghany 0.01 USA 360 Security (A) (SC SH) <0.005 CHINA Aeroflot Russian Airlines <0.005 RUSSIA Allegion PLC 0.02 USA 3i Group 0.02 UNITED Aeroports de Paris 0.01 FRANCE Allegro 0.01 POLAND KINGDOM AES Corp. 0.03 USA Alliance Bank Malaysia <0.005 MALAYSIA 3M Company 0.18 USA AES Gener S.A. <0.005 CHILE Alliance Global <0.005 PHILIPPINES 3M India <0.005 INDIA Aflac 0.06 USA Alliant Energy 0.02 USA 3SBio (P Chip) <0.005 CHINA African Rainbow Minerals Ltd <0.005 SOUTH AFRICA Allianz SE 0.16 GERMANY 51job ADS (N Shares) <0.005 CHINA Afterpay Touch Group 0.03 AUSTRALIA Allstate Corp 0.06 USA A P Moller - Maersk A 0.02 DENMARK AGC 0.01 JAPAN Ally Financial 0.03 USA A P Moller - Maersk B 0.03 DENMARK Ageas 0.02 BELGIUM Almarai Co Ltd 0.01 SAUDI ARABIA a2 Milk 0.01 NEW ZEALAND Agile Group Holdings (P Chip) <0.005 CHINA Alnylam Pharmaceuticals 0.03 USA A2A <0.005 ITALY Agilent Technologies 0.07 USA Alony Hetz Properties & Inv <0.005 ISRAEL AAC Technologies Holdings 0.01 HONG KONG Agility Public Warehousing Co KSC 0.01 KUWAIT Alpargatas SA PN <0.005 BRAZIL Aalberts NV 0.01 NETHERLANDS AGL Energy 0.01 AUSTRALIA Alpek S.A.B.
    [Show full text]
  • Tmbthanachart Bank (TTB TB) Neutral (Maintained)
    Thailand Results Review 22 July 2021 Financial Services | Banks TMBThanachart Bank (TTB TB) Neutral (Maintained) De-Risking Amidst Headwinds; Still NEUTRAL Target Price (Return): THB1.00 (+1%) Price: THB0.99 Market Cap: USD2,904m Avg Daily Turnover (THB/USD) 394m/12.4m • NEUTRAL, new TP of THB1.00 from THB1.26, 1% upside with 4.5% Analysts FY21F yield. TMBThanachart Bank’s 2Q21 lower-than-estimated earnings fell on a sharp decline in non-II, and this could not be offset by its lower opex Wetid Tangjindakun and stable provisions. We cut FY21-23F earnings to reflect a more +662 088 9745 conservative view against uncertainties stemming from the pandemic. With [email protected] the bank’s focus on integration and balance sheet preservation, we expect underlying operations to stay soft until the situation improves. At 0.4x FY21F P/BV, its risk-reward profile appears fair, given the slow ROE recovery. Fiona Leong +603 9280 8886 • Going into hibernation mode in 2H21. Management expects the evolving [email protected] situation to persist, at least until 1Q22, and is maintaining conservative strategies amid a prolonged pandemic. TTB will continue to focus on balance Share Performance (%) sheet optimisation under the merged banking entity, rather than on aggressive YTD 1m 3m 6m 12m short-term growth. TTB is maintaining its FY21F targets, which points to Absolute (8.3) (13.9) (18.2) (16.8) (5.7) stagnant 2H21 earnings on a HoH basis. This should come together with a higher CIR, due to a shift in integration costs towards 2H21 and higher human Relative (14.6) (10.1) (15.7) (18.6) (17.6) resource expenses.
    [Show full text]
  • Banpu Public Company Limited Notice of Allocation of Newly Issued
    Enclosure 3 Banpu Public Company Limited Notice of Allocation of Newly Issued Ordinary Shares Subscription Manual of Payment and Subscription Procedures of Newly Issued Ordinary Shares Cautions: This allocation of newly issued ordinary shares of Banpu Public Company Limited is an offering to the existing shareholders of the Company in Thailand and outside Thailand in proportion to their respective shareholdings. However, the Company reserves the right to not offer or allocate the newly issued ordinary shares in the Rights Offering to any shareholder if such offering or allocation will or may result in the Company being subject to any obligations under the law of other jurisdictions. The newly issued ordinary shares have not been, and will not be, registered under the U.S. Securities Act of 1933 (the “U.S. Securities Act”), and no offering and allocation of the newly issued ordinary shares will be made to U.S. Persons (as defined in the Regulation S of the U.S. Securities Act) or any shareholders in the United States. Furthermore, the newly issued ordinary shares will not be offered or sold within Canada, the People’s Republic of China, South Africa or any other jurisdiction where the distribution of these documents would be unlawful or may result in the Company being subject to any additional duties for any arrangement in addition to those required under Thai law. The offering and allocation of the newly issued ordinary shares to shareholders of other jurisdictions may be made only where an exemption from the application for approval and registration requirements have been granted to the Company under the law of such jurisdiction, as the Company may deem appropriate.
    [Show full text]
  • Tmbthanachart Bank (TTB TB) (Maintained)
    Regional Morning Notes Wednesday , 21 July 2021 COMPANY RESULTS HOLD TMBThanachart Bank (TTB TB) (Maintained) 2Q21: Earnings In Line With Expectations Share Price Bt1.01 TTB’s 2Q21 earnings were lower yoy and qoq given lower net interest income and high Target Price Bt1.20 provisions and were in line with our expectations. The NPL ratio ticked up on lower Upside +18.8% loan bases. We revised down our earnings projections by 4-5% for 2021-23 due to (Previous TP Bt1.30) slower-than-expected loan demand and fee income growth outlook. Earnings are expected to rise 6% yoy in 2021 and to grow 11% yoy in 2022 on economic COMPANY DESCRIPTION improvement. Maintain HOLD with a lower target price of Bt1.20. The sixth largest bank in Thailand with roughly 10% of the credit market. The bank's strong RESULTS focus in on retail lending, which accounts for 56% of loan book. • Earnings in line with expectations. TMBThanachart Bank (TTB) reported 2Q21 net profit of Bt2.5b, down 18% yoy (-9% qoq), which was in line with our expectations. STOCK DATA Despite a decline in operating expenses, the decline in net profit was largely due to lower GICS sector Financials net interest income from lower loan bases and high provisions against NPLs. NIM was Bloomberg ticker: TTB TB relatively flat qoq at 3% in 2Q21. The cost-to-income was lower at 46.6% (1Q21: 47.1%) Shares issued (m): 96,409.4 due to lower overhead expenses. TTB’s earnings in 1H21 were at Bt5.3b, down 27% yoy, Market cap (Btm): 97,373.5 largely due to higher provisions and lower operating income.
    [Show full text]
  • FTSE Publications
    2 FTSE Russell Publications FTSE MPF Asia Pacific ex Japan 19 August 2021 Australia & New Zealand Indicative Index Weight Data as at Closing on 30 June 2021 Index Index Index Constituent Country Constituent Country Constituent Country weight (%) weight (%) weight (%) 360 Security (A) (SC SH) <0.005 CHINA Anta Sports Products (P Chip) 0.36 CHINA Bank of Jiangsu (A) (SC SH) 0.01 CHINA 3M India 0.01 INDIA Apollo Hospitals Enterprise 0.07 INDIA Bank Of Nanjing (A) (SC SH) 0.02 CHINA 3SBio (P Chip) 0.02 CHINA ASE Technology Holding 0.19 TAIWAN Bank of Ningbo (A) (SC SZ) 0.03 CHINA AAC Technologies Holdings 0.07 HONG Ashok Leyland 0.03 INDIA Bank of Qingdao (A) (SC SZ) <0.005 CHINA KONG Asia Cement 0.06 TAIWAN Bank of Shanghai (A) (SC SH) 0.02 CHINA ABB India 0.02 INDIA Asian Paints 0.25 INDIA Bank of Suzhou (A) (SC SZ) <0.005 CHINA Aboitiz Power 0.01 PHILIPPINES ASM Pacific Technology 0.06 HONG Bank of The Philippine Islands 0.04 PHILIPPINES ACC 0.03 INDIA KONG Bank of ZhengZhou (A) (SC SZ) <0.005 CHINA Accton Technology 0.09 TAIWAN ASMedia Technology 0.03 TAIWAN Bank Rakyat Indonesia 0.2 INDONESIA Acer 0.04 TAIWAN Asset World 0.01 THAILAND Banpu 0.03 THAILAND ADAMA (A) (SC SZ) <0.005 CHINA Astra Agro Lestari <0.005 INDONESIA Baoshan Iron & Steel (A) (SC SH) 0.02 CHINA Adani Enterprises 0.07 INDIA Astra International 0.09 INDONESIA Barito Pacific 0.02 INDONESIA Adani Gas 0.05 INDIA Astral 0.03 INDIA Bata India 0.02 INDIA Adani Green Energy 0.08 INDIA Astro Malaysia Holdings 0.01 MALAYSIA Bayer Cropscience 0.01 INDIA Adani Ports and Special
    [Show full text]
  • American Century Investments® Quarterly Portfolio Holdings Avantis
    American Century Investments® Quarterly Portfolio Holdings Avantis® Emerging Markets Equity Fund May 28, 2021 Avantis Emerging Markets Equity Fund - Schedule of Investments MAY 28, 2021 (UNAUDITED) Shares/ Principal Amount ($) Value ($) COMMON STOCKS — 99.0% Brazil — 5.7% AES Brasil Energia SA 9,500 25,975 Aliansce Sonae Shopping Centers SA 4,600 26,532 Alpargatas SA, Preference Shares(1) 3,300 29,640 Ambev SA, ADR 42,032 145,431 Anima Holding SA(1) 600 1,457 Arezzo Industria e Comercio SA 900 15,430 Atacadao SA 3,700 15,612 Azul SA, ADR(1)(2) 455 11,243 B2W Cia Digital(1) 900 10,344 B3 SA - Brasil Bolsa Balcao 40,800 136,295 Banco ABC Brasil SA, Preference Shares 2,400 7,805 Banco BMG SA, Preference Shares 4,900 4,560 Banco Bradesco SA 12,936 56,915 Banco Bradesco SA, ADR 42,901 217,937 Banco BTG Pactual SA 2,900 68,220 Banco do Brasil SA 15,860 101,672 Banco do Estado do Rio Grande do Sul SA, Class B Preference Shares 6,900 17,701 Banco Inter SA 1,500 19,166 Banco Inter SA, Preference Shares 6,900 29,524 Banco Mercantil do Brasil SA, Preference Shares 400 1,457 Banco Pan SA, Preference Shares 4,400 19,266 Banco Santander Brasil SA, ADR 6,130 48,366 BB Seguridade Participacoes SA 5,300 23,878 BR Malls Participacoes SA(1) 13,500 29,374 BR Properties SA 5,500 10,036 BrasilAgro - Co. Brasileira de Propriedades Agricolas 1,500 9,072 Braskem SA, ADR(1)(2) 1,253 24,897 BRF SA, ADR(1) 14,207 70,040 C&A Modas Ltda(1) 4,900 13,012 Camil Alimentos SA 3,100 5,895 CCR SA 23,400 61,826 Centrais Eletricas Brasileiras SA, ADR(2) 1,464 12,122 Centrais
    [Show full text]
  • FTIF K2 18896 Portfolio Holdings 310721 For
    Portfolio Holdings for FTIF Franklin K2 Alternative Strategies Fund August 31, 2021 The following portfolio data for the Franklin Templeton funds is made available to the public under our Portfolio Holdings Release Policy and is "as of" the date indicated. This portfolio data should not be relied upon as a complete listing of a fund's holdings (or of a fund's top holdings) as information on particular holdings may be withheld if it is in the fund's interest to do so. Additionally, foreign currency forwards are not included in the portfolio data. Instead, the net market value of all currency forward contracts is included in cash and other net assets of the fund. Further, portfolio holdings data of over- the-counter derivative investments such as Credit Default Swaps, Interest Rate Swaps or other Swap contracts list only the name of counterparty to the derivative contract, not the details of the derivative. Complete portfolio data can be found in the semi- and annual financial statements of the fund. Shares/ Positions % of Coupon Maturity Security Identifier Security Name Held Market Value TNA Rate Date 68245XAJ8 1011778 BC ULC / NEW RED FINANCE INC CALLABLE 260,000 $264,225 0.01% 4.38% 01/15/28 88025U109 10X GENOMICS INC COMMON STOCK USD 0.00001 3,134 $551,333 0.03% N/A N/A BJU1COM 10YR MINI JGB FUT BOND 10/SEP/2021 BJU1 COMDTY 17 ($3,847) 0.00% N/A 09/10/21 68269GAB3 1LIFE HEALTHCARE INC CONVERTIBLE BOND FIXED 3% 525,000 $517,125 0.03% 3.00% 06/15/25 901375105 2020 CASH MANDATORY EXCHANGEABLE TRUST PRIVATE USD 250 $298,330 0.02% N/A N/A
    [Show full text]