Additional Capital Increase of THB 500 Million for Acquiring More Margin Market Share

According to the potential of margin market in Thailand, GMO Financial Holdings, Inc. proceeded the increasing of the registered and paid-up capital of THB 500 Million in GMO-Z com Securities (Thailand) Limited (“Zcom Securities”) in order to strengthen financial structure, support strategies, accelerate increase of margin market shares of Zcom Securities, and driving Zcom Securities to be No. 1 Margin Broker in Thailand.

Mr. Prakrit Thanwalai; CEO of Zcom Securities, said that the Board of Directors Meeting No. 7/2021 was held on 25 May 2021 passed a resolution approving the increasing of the Company’s registered and paid-up capital of THB 500 Million. The registered capital has increased from THB 2,500 Million to THB 3,000 Million since the last capital increase in February 2021. Zcom Securities has completely registered the capital increase with the Department of Business Development, Ministry of Commerce on 14 June 2021. Zcom Securities would use such capital increase for working capital, expanding business, strengthening financial structure to support an increase of margin loan’s credit limit of investors that has continuous growth.

As of 31 May 2021, Margin Loan Balance of Zcom Securities was THB 8,846 Million which grew by 108% from the same period of last year as Zcom Securities expected. He additionally explained that the Board of Directors believed that these adjustments of the capital would accelerate the strategies to be leader in margin loan business as well as satisfy High Net Worth Investors’ needs in securities business in Thailand.

Zcom Securities provides Margin Account or Credit Balance Account Service to an investor who wants to borrow money to have higher securities purchasing power by placing collateral with Zcom Securities as specified Initial Margin Rate of over 600 marginable securities with minimum margin interest rate of 5.95% per year. For more information, please contact Client Service Department at telephone no. 02-088-8111.