Phillip Securities (Thailand) Public Company Limited (PhillipCapital Thailand) has solidified its position as a leading player in Thailand’s securities industry through a strategic acquisition of RHB Securities (Thailand) Public Company Limited. This transformative merger is set to double Phillip Securities’ market share, with trading value surpassing 200 billion baht, while driving revenue growth by over 50%.
The merger represents a pivotal step forward in Phillip Securities’ 26-year journey in Thailand, as it enhances its service capabilities and expands its client base amid a challenging capital market landscape. By combining resources, the newly consolidated entity aims to improve operational efficiency, grow its Financial Advisor network, and expand securities trading services across 20 global capital markets.
Positioned for Sustainable Growth
Cameron Payne Frazier, Chief Executive Officer of Phillip Securities (Thailand), shared his optimism about the acquisition:“We are very positive about the acquisition of RHB Securities (Thailand). It aligns perfectly with our long-term growth strategy and enables us to serve more customers with a comprehensive range of products.”
Sanupong Suthadtumakul, Executive Director of Phillip Securities (Thailand), emphasised the company’s commitment to strengthening its foundations:“This acquisition will bolster our Financial Advisor network and enhance our capacity in four critical areas: improving service efficiency, building long-term investor relationships, developing responsive products, and adopting cutting-edge technology.”
A Global Investment Powerhouse
Phillip Securities (Thailand) operates as part of the Singapore-headquartered PhillipCapital Group, which was established in 1975 and is nearing its 50th anniversary. The group serves over 1.5 million clients worldwide, with Assets Under Management (AUM) exceeding US$50 billion and shareholders’ funds of over US$2.5 billion.
In Thailand, Phillip Securities has been a trusted provider of diverse investment services since 1998, catering to both domestic and international investors. Its portfolio spans stocks, derivatives, mutual funds, and other financial products, all supported by advanced technology to ensure service excellence.
For more information, visit www.phillip.co.th.