EXIM Thailand and Daiwa Act as Financial Advisors in Successful Joint Venture to Boost Rubber Export

Announcement date 08 April 2010
EXIM Thailand and Daiwa Act as Financial Advisors in Successful Joint Venture to Boost Rubber Export
Dr. Apichai Boontherawara (far left), President of Export-Import Bank of Thailand (EXIM Thailand), and Mr. Kazuaki Miyagishi (far right), Chief Representative of Daiwa Securities Capital Markets, congratulated Mr. Somchai Kokanutaporn (second left), President of Thai Eastern Group (TEG), leading Thai company in the rubber plantation and block rubber production business and EXIM Thailand’s customer and Mr. Naofumi Harada (second right), General Manager of Sumitomo Rubber Industries (SRI), leading automobile tire company in Japan, on the occasion of the successful joint venture between the two companies at EXIM Thailand’s Head Office on April 8, 2010. EXIM Thailand and Daiwa Securities Capital Markets served as financial advisors to TEG and SRI, respectively. The joint venture, worth at approximately 1.1 billion baht, is aimed at boosting rubber production to Japanese auto market.
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