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Industry news

MBKET announces big plans


01 December 2011 Bangkok
Reporter: Ben Wilkie

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Image: Shutterstock
Maybank Kim Eng Securities (MBKET) has announced expansion plans that it says will mean the company becomes the region's leading broker.

At the moment, 90 per cent of the firm's income comes from brokerage fees but, said chief executive Montree Sornpaisarn, further revenue will come from subsidiary activities, including securities borrowing and lending.

The company is majority owned by Maybank of Malaysia.
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