SCAP

SAWAD expects the loan business of “Srisawad Capital” to expand more than 100% in 2021, setting a target to be listed in the Stock Exchange of Thailand within 2-3 years. Ms. Doungchai Kaewbootta, Managing Director of Srisawad Corporation Public Company Limited (SAWAD), stated that the investment of 192.5 million baht in Srisawad Capital Co., Ltd. (SCAP) raised its shareholding stake from 5% to 65% due to its potential growth for higher profit. SCAP kicked off its personal loan business in December 2019 and had a fast growing pace. The company currently has more than 1,000 million baht of outstanding debt and a non-performing loan only at 0.2%. The growth was due to SCAP’s selection of good-profile clients and well-managed loan system, along with its 30-years experienced professionals in the financial field. The company estimated its loan portfolio to grow more than 100% in 2021, setting its target to be listed in the Thai stock market within 2-3 years. In the meantime, the acquisition in SCAP will expand SAWAD’s customer base, while SCAP also expects to provide more loan services to extend its customer base as well.

SCAP

SAWAD Expects to List “SCAP” in SET by 2023 after Investing ฿192Mn to Acquire 65% Stake

บริษัท บูรพาทัศน์ (1999) จำกัด