Kasikornbank Plc (KBANK said yesterday it was still undecided about the possible acquisition of a finance, securities and leasing company, and may wait until the deadline for the submission of the "Financial Masterplan" has passed before making a move.
KBANK, which is the third largest bank after Bangkok Bank Plc and Krung Thai Bank Plc, told the Stock Exchange of Thailand on 27 February this year that it was planning to raise its registered capital to 30.49 billion baht from 23.99 billion baht by issuing 650 million new shares with a par value of 10 baht.
Prasarn said that the funds were needed more for the acquisitions it was planning in order to become a so-called "universal bank" that would enable it to own other financial assets such as insurance and securities, and engage in fund management, leasing and factoring.
