GMO Financial Holdings announces that its consolidated subsidiary GMO-Z com Securities (Thailand) Public Company Limited has applied to list its shares on the Stock Exchange of Thailand.

Let’s note that there is no guarantee that the company will be approved to go public in the future.

GMO-Z com Securities (Thailand) Public Company Limited offers online securities trading services in Thailand since November 2017. The consumer base continues to grow, and the overall business has seen steady growth.

GMO-Z com Securities (Thailand) Public Company Limited has applied to list its shares on the Stock Exchange of Thailand for the purpose of accelerating growth, expanding its business operations, and raising overall corporate value by enhancing the company’s ability to procure funding and the public confidence in the organization through the listing on the stock market.

The company is set to remain as a consolidated subsidiary of GMO Financial.

This application is expected to have no material impact on consolidated earnings for the fiscal year 2022.