Signing of Business Alliance between Thanachart Securities Plc. and Affin Hwang Investment Bank Berhad

27 November 2015

Corporate Communications
| media@affinhwang.com

Thanachart Securities Plc. ("Thanachart Securities"), a wholly-owned securities subsidiary of Thanachart Bank, and Affin Hwang Investment Bank Bhd ("Affin Hwang Capital"), a subsidiary of Affin Holdings Bhd have today entered into a strategic business alliance. This strategic partnership paves the way for collaboration between both parties in the area of institutional equities trading and research.

The agreement was signed by Puan Maimoonah Hussain, Group Managing Director of Affin Hwang Capital and Madam Asvini Tailanga, Managing Director of Thanachart Securities. The ceremony was witnessed by H.E. Damrong Kraikruan, Ambassador Extraordinary and Plenipotentiary of the Kingdom of Thailand to Malaysia; Datuk Haji Ahmad Haji Maslan, Deputy International Trade and Industry Minister; and Gen. Tan Sri Yaacob Mohd Zain (R), Chairman of Affin Hwang Capital.

This collaborative tie-up between the two leading Malaysian and Thai investment banking houses marks a significant milestone by strengthening Affin Hwang Capital’s ability to offer regional equity trading capabilities to its Malaysian clients, whilst also opening up a wider channel of trade flows for Thanachart Securities.

The alliance also comes at a fortuitous moment as Malaysia concludes its Chairmanship of ASEAN, representing the culmination of a year’s effort expended by the Malaysian and Thai parties.

It is hoped that the alliance represents a small step towards closer ties between Malaysia and Thailand in the area of capital market cross-border investment and integration.

The business alliance entails the execution of a Joint Distribution and Marketing Agreement (“JDMA”) by both parties. In essence, the JDMA provides Affin Hwang Capital the exclusive right to distribute Thanachart Securities’ research reports covering companies listed on the Stock Exchange of Thailand (“SET”) to Malaysian institutional investors, on a co-branded basis.

In return, Affin Hwang Capital will channel its institutional clients’ trades orders for shares quoted on the SET via Thanachart Securities.

The JDMA also covers corporate access and analyst marketing activities.


About Affin Hwang Investment Bank Berhad

Company Name

Affin Hwang Investment Bank Berhad

Head Office

27th Floor, Menara Boustead, 69 Jalan Raja Chulan,

50200 Kuala Lumpur, Malaysia

Representative

Maimoonah Hussain - Group Managing Director

Issued and Fully Paid Share capital

780,000,000 Ringgit

Business

Securities business including Brokerage, and Investment Banking

Web Address

http://affinhwang.com/

Equity market share

Bursa Malaysia Trading Value and Volume

Ranked 1st by Market share in 2014

Bursa Malaysia Broker Awards

– 2014 Best Equities Investment Bank

– 2014 Best Institutional Equities Investment Bank

About Thanachart Securities Plc

Company Name

Thanachart Securities Plc.

Head Office

444 MBK Tower, 14th, 18th and 19th Floor, Phayathai Road, Wangmai, Pathumwan, Bangkok 10330, Thailand

Representative

Mrs. Asvini Tailanga - Managing Director

Issued and Fully Paid Share capital

1,500,000,000 THB

Business

Securities Business including Brokerage and Investment Banking

Web Address

http://www.tnsitrade.com/

Equity market share

Thanachart Securities Trading Value and Volume

Ranked 7th by Market share at 4.08% as of October 2015