Agricultural Promotion Bank Limited (APB) was established by the Prime Minister's Decree No. 92/PM dated June 19, 1993 as a State Commercial Bank 100% as a company accordance with Lao law and regulations, to comply with the government's direction in 2021, to build up strengthen to APB, Ministry of Finance on behalf of shareholder has signed a joint venture agreement with Phongsupthavy Road and Bridge Construction Company Limited holding share 70% and Ministry of Finance, representative of Lao Government, holding share 30% by complying with their rights and role to develop the social economy of the nation under the management of the Bank of Lao PDR and Lao law.
Pacific Securities Co., Ltd. is a national comprehensive securities company. Which founded in 2004 and registered in Kunming Yunnan province? In 2007, the company entity was converted to a joint-stock limited company and （the）Pacific Securities A-stock (601099) was listed on the Shanghai Stock Exchange. Pacific Securities became the seventh listed company in the securities industry. The registered capital of the company increased to RMB 1.653 billion Yuan in 2012. On January 3rd 2014, China Securities Regulatory Commission permitted the company to implement additional oriental issue, after the issuance completed, the company registered capital growth to RMB 2.354 billion Yuan.
Using 'Integrity and Unconventional Approach' as its code of conduct and pursuing the spirit of 'Serenity and Boundlessness', the company emphasizes enterprise social duties and takes on the healthy development of the capital market in China as its own responsibility.
The company is registered in Yunnan, which has 28 business departments in the province. In the Yunnan province Pacific Securities is own the largest business outlets and market share. The rapid growth of investment banking, the IPO master underwriting business in 2012 ranking rose to 18th, firstly ranked the top 20 in the market. With the steady development in recent years, the Company fixed income business achieved good performance; the accumulated issued 23 bonds, rising fund RMB 28.1 billion, the growth holding up well.
Pacific Securities is the first securities company set up a joint venture in the foreign country, in the future the company will be based in Laos, and actively participate cooperation in the finance sector, in order to make contributions to China and ASEAN cooperation in securities industry.
Website:
https://www.tpyzq.com
Lao Information Industry Company Limited
The Lao Information Industry Company Limited was established in October 2010 and it is one of well-known companies with extensive experiences in operating its businesses and sharing 20% of total share of the Lao-China Securities Company Limited. The Lao Information Industry Company Limited has been cooperating tightly with various large scale companies in Lao PDR and utilizing competitive advantages in taking business opportunities with the long exist in networking including beverage, hotel, tourism, IT, automotive supplier and other enterprises, which can attract foreign investors to invest in Laos in the future with constant increasing. In the future, the Lao Information Industry Company Limited will be able to establish IT technical service center providing updated information in regarding to stock prices displayed on digital board, comprehensive sets of reporting, online stock trading and IT solutions, as competitive advantages over its competitors.
