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"Decker & Co. is proud to host Muangthai Leasing as management shares with global investors the company's growth strategy during a period of intensive growth," said Mark Decker.
SAN FRANCISCO, CA, September 15, 2017 /24-7PressRelease/ -- Muangthai Leasing PCL (MTLS TB) conducted this week a non-deal roadshow to several cities in the United States for the purpose of discussing growth plans with global investment fund managers. Founder and CEO Dr. Chuchat Petaumpai and Assistant Managing Director Mr. Parithad Petampai were hosted in the U.S. by institutional equities broker Decker & Co.
"Decker & Co. is proud to host Muangthai Leasing as management shares with global investors the company's growth strategy during a period of intensive growth--including 600 new branches this year," said Mark Decker, founder and CEO of Decker & Co., which has offices in the U.S. and Asia.
Muangthai Leasing is the leading motorcycle-title loan business in Thailand with over a million active customers and USD 1 billion loan receivables as of the second quarter of 2017. The company also offers car and tractor title loans, clean loans, and recently expanded into land-title loans to increase customer base and ticket size. Muangthai Leasing has maintained a low non-performing loan ratio and strong coverage ratio relative to its peers even as it has aggressively expanded.
New Bank of Thailand regulations effective this month may result in a further broadening customer base for Muangthai Leasing, as "loan shark" operators face more rules relating to unsecured loans.
ABOUT DECKER & CO
Decker & Co. is the leading Asia specialist brokerage based in the U.S. and will soon be the only boutique brokerage covering all of Asia. Its principals have been among the leading experts in Asian markets since the 1990s. The firm's clearing partner is Convergex Execution Solutions. Learn more at www.deckerco.com.
The information in this release may be based on management forecasts and reflects prevailing conditions and our views as of this date, all of which are accordingly subject to change. Past performance is not an indication of future performance.
Source: Decker & Co.
Contact: Ben Bishop, The Lowe Group, +1 (414) 777-1880
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