Religare Capital Markets, a leading Equities, Corporate Finance and Equity Capital Markets (ECM) investment bank for fast growing companies in the Asian region, recently signed a Memorandum of Understanding with Trinity Securities (Trinity) for the provision of Advisory, Execution and Investment Banking services. The main focus of this strategic partnership will be to provide clients with unique insights on the Thai market as well as advise rapidly growing companies in Thailand, including those in the mid-market segment that remain under-served.
Religare Capital Markets is an India anchored, Asia-focused Institutional Equities and Investment Banking platform and a part of the diversified financial services group, Religare Enterprises. The partnership further strengthens Religare Capital Markets' capabilities and presence in the Asia region, specifically Thailand. Trinity, listed on the Stock Exchange of Thailand, is led by Khun Pakhawat Kovithvathanaphong, a highly experienced capital market specialist in the Thai market and one of the company’s key founders. Trinity’s core businesses are in securities brokerage, securities trading, investment advisory, securities underwriting, securities borrowings and lending, private fund asset management, financial advisory and investment banking.
Commenting on this strategic partnership, Khun Sukit Bejrsuwana, Executive Director of Trinity, said, "Together with Religare, Trinity can now expand its footprint into a more international client base, and better leverage our independent local knowledge of the Thai market."
Religare Capital Markets' sole focus is the Asian emerging markets and it is present in six countries in Asia-Pacific, as well as London and Dubai. It is recognized by clients and independent agencies alike for the quality of its research and execution. Religare Capital Markets' talent comprise mostly experienced ex-bulge bracket bankers. Religare Capital Markets is empanelled by over 450 institutional investors and has an active coverage of over 250 stocks across 16 sectors. It has strong equity distribution through hubs in Hong Kong, Singapore and London.
Services include institutional equity sales, special situations, equity research, equity capital markets, private financing and mergers & acquisitions advisory. Religare Capital Markets has also been building a frontier markets business and owns a controlling stake in Religare Bartleet Securities in Sri Lanka. In April 2015, Religare Capital Markets launched a joint venture in the Philippines for the provision of investment banking and ECM services with FSG Capital. Religare Capital Markets is currently exploring further growth initiatives in Bangladesh, Vietnam and Myanmar.
"Trinity and Religare Capital Markets have maintained close links over the last few years and we are delighted to be in business together. Trinity's strength and local knowledge in the Thai market is unparalleled, and will help us to gain a deeper understanding of localized investment trends. We aim to continue to build on our strength and specialisation in the ASEAN mid cap segment," said Matt hew Lutter, Head - ASEAN Equities, Religare Capital Markets.
