Due to the merger of Siam City Bank PCL and Thanachart Bank PCL, Siam City Securities Co., Ltd. (SCIBS) will transfer its operations as a securities broker and derivatives agent to Thanachart Securities PCL (TNS). SCIBS will temporarily cease operations from January 1, 2011 onward.
Ms. Kesara Manchusree, Group Head - Products & Business Development of The Stock Exchange of Thailand (SET) disclosed that SCIBS customers will be serviced by TNS personnel. SCIBS will temporarily cease its operations as a securities broker for the SET and derivatives agent for the Thailand Futures Exchange (TFEX) from January 1, 2011 onward.