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TISCO Securities Co-brand Alliance with Jefferies to Service Global Institutional Investors

Posted Oct 21, 2020  

    TISCO Securities today announced its Co-brand alliance with Jefferies to provide full-service investment advisory services to Jefferies' institutional investors worldwide, effective from 21 October 2020.

    Mr.Paiboon Nalinthrangkurn, Chief Executive Officer of TISCO Securities Company Limited revealed that TISCO Securities had entered into a business co-brand  alliance with Jefferies Hong Kong Limited.  Under the agreement, the company will provide equity research, as well as facilitate advisory, trading and corporate access services to Jefferies’ institutional clients globally who are interested to invest in the Thai capital market.

     Jefferies is a global investment bank headquartered in the United States, providing a wide range of services including securities, debt instruments, wealth management and financial advisory with a worldwide institutional client base. Jefferies has similar partnership agreements throughout Asia such as Indonesia, Malaysia, the Philippines, Vietnam, South Korea, Sri Lanka and Taiwan. Its equity research database covers 1,500 companies in Asia and approximately 3,000 companies globally.  Jefferies has become one of the fastest growing financial services companies in Asia.

    TISCO Securities is a long-established and leading securities company in Thailand.  The company is well regarded for the high-quality services it provides to both individual and institutional clients. Its research product has been widely recognized for its outstanding quality both domestically and globally. TISCO Securities’ research team currently covers 123 listed companies, representing 75% of the Thai market capitalization. TISCO Securities is a subsidiary company of TISCO Financial Group Public Co., Ltd., a listed company which has been awarded Best Company Performance of the SET in 2018-2019 consecutively.

    Mr.Paiboon said, “We are excited to begin this cooperation with Jefferies as it will increase opportunities to deliver high quality advisory and execution services to global institutional clients based on Jefferies' global network and TISCO's long-term reputation in the Thai equities market.  We are confident that Jefferies and TISCO Securities will be able to create synergies for future cooperation to strengthen our alliance in this business.  

    Mr. Murray Wilson, President of Jefferies Asia, commented, “We are pleased to join forces with TISCO Securities in our commitment to continuously improve and expand Jefferies’ long-standing equity research, sales and trading business with an emphasis on serving the needs of our global investor client base. We look forward to working with the team at TISCO.”

    Over the past years, the Thai stock market has been one of the most attractive markets in the region. In addition to its high dividend payouts, the market is the most liquid, ranking first in terms of market turnover amongst ASEAN countries for several years.   Moreover, the Thai listed companies’ sustainability practice is outstanding.  Since 2019, twenty Thai listed companies, the most in ASEAN, have been listed in Dow Jones Sustainability Indices (DJSI). Out of twenty, seven companies were granted the highest score, ranking first among others in the world.

     Jefferies Hong Kong Limited is a subsidiary of Jefferies Group LLC, the largest independent, global, full-service investment banking firm headquartered in the US. Focused on serving clients for nearly 60 years, Jefferies Group is a market leader in providing insights, expertise and execution to investors, companies and governments. Jefferies Group provides a full range of investment banking, advisory, sales and trading, research and wealth management services across all products in the US, Europe and Asia. Jefferies Group is a wholly owned subsidiary of the Jefferies Financial Group Inc. (NYSE: JEF), a diversified financial services company.

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