Pimpaka Nichgaroon

Thanachart Securities Public Co., Ltd. (TNS) is the brokerage subsidiary of Thanachart Bank Public Co. Ltd., itself a subsidiary of Thanachart Capital Public Co., Ltd. (BSE: TCAP, ADR: THNUY) in Thailand. Established as National Securities Company Ltd. in 1997, the firm changed their name to Thanachart Securities Plc. in 2007. TNS is based in Bangkok and provides a range of securities brokerage, securities analysis, proprietary trading, securities borrowing and lending and investment advisory services. They also promote mutual funds from various fund management companies which they represent.

CLSA Securities (Thailand) Ltd. (CLSA Securities Thailand) is a broker/dealer headquartered in Bangkok, Thailand. The firm is a subsidiary of Netherlands-based CLSA BV, ultimately held by CITIC Securities Co., Ltd. (SHA: 600030; OTCMKTS: CIIHF) in China. CLSA Securities Thailand provides equity broking, capital markets, merger and acquisition, and asset management services to global corporate and institutional clients.