"The transaction, alongside long-standing stakes held by the Ministry of Finance and the Government Savings Bank, has produced a hybrid ownership structure: state stability on one side, private entrepreneurial energy on the other. For Chartered, the deal was pitched as a long-term strategic partnership, designed to strengthen MFC's platform and open pathways for innovation. For MFC, it has injected a sense of renewed purpose and positioned the firm for greater regional connectivity"
"The shareholding shift has been accompanied by changes at the board level. In 2025, several long-serving directors stepped down, while new appointments were made to refresh governance and align with the company's updated direction. Investors read the shake-up as a signal that MFC is preparing for a more assertive growth strategy, balancing its conservative institutional legacy with a push toward modernisation."
"Despite a challenging macro environment, MFC's latest results highlight resilience. For the first half of 2025, the group reported steady earnings, continuing its record of dividend payouts to shareholders - a crucial signal of stability in a market where retail confidence is often fragile. With a market capitalisation of just over Bt3.2bn, the stock trades at a P/E of 12.3 and a P/B multiple of 2.6, placing it firmly in the profitable but moderately valued segment of the Thai financial sector."
MFC Asset Management transitioned from a state-backed pioneer to a hybrid-owned firm after Opus-Chartered Issuances S.A., linked to Japan's Chartered Group, acquired almost 25% in late 2024. The Ministry of Finance and the Government Savings Bank remain significant stakeholders, creating a mix of state stability and private entrepreneurial influence. New strategic framing emphasized long-term partnership, platform strengthening and regional connectivity as Thailand seeks a deeper financial hub role. Board composition changed in 2025 with several long-serving directors replaced to refresh governance for a more assertive growth strategy. First-half 2025 results showed steady earnings, ongoing dividend payouts, Bt3.2bn market capitalisation, P/E 12.3 and P/B 2.6.
Read at Business Matters
Unable to calculate read time
Collection
[
|
...
]