Asia Sentinel

Asia Sentinel

Troubled Tokyo Firm to Take Over Troubled Thai Firm

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Asia Sentinel
Nov 16, 2017
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J Trust Co., Ltd., a Tokyo-based financial services conglomerate, appears to have dropped the fiction that it was an arms-length investor in the troubled Thailand-based Group Lease PCL and is offering to take over outright the hire-purchase firm, once a darling of Thai retail investors.

The Stock Exchange of Thailand and the country’s Securities and Exch…

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