SCB X Public Company Limited, or SCB, will start offering a buy-sell service. Exchange 15-25 cryptocurrencies on Sept. 12, including Bitcoin (BTC), Ethereum (ETH), USD Coin(USDC), Axie Infinity(AXS), The Sansbox, and USD Coin (USDC). This is performed under “Innovest X Securities Company
Yesterday, SCBS announced the company’s name change to InnovestX Securities Co., Ltd. and with the initials INVX will be effective in the trading system. (SET and futures market) and various transaction documents since September 12, 2022
Changing the company name to This “Innovest X Securities Company Limited” is in line with the policy direction of SCB X Group (SCBX) towards becoming a regional financial technology group. Preparing to expand the financial and investment business to the ASEAN market Empowering the organization to grow by leaps and bounds through technology and various innovations and product presentations And deliver the best service to customers, investors, responding to the changing context of the world today. both in terms of financial technology and consumer behavior These are all important parts of driving the financial world of the future.
However, the change in the company’s name does not affect any investment transaction. The original investment portfolio, documents, as well as customer benefits with the company in any way. Customers can still use various services from the company, including investment applications under the name Easy Invest as usual.
“Innovast X prepares to announce corporate strategy policies. Ready to launch a new investment application soon,” SCBS stated.
Mr. Arthit Nanthawittaya, Chief Executive Officer of SCB X Public Company Limited or SCB, said that the company is ready to continue to accelerate the growth and expansion of the business according to the strategy of “Mother Vehicle” after being approved. from the Bank of Thailand or the Bank of Thailand, on September 2, 2022, requiring Siam Commercial Bank to pay dividends from retained earnings of 61 billion baht to the bank’s shareholders. and the Board of Directors At the meeting No. 13/2022 on September 5, 2022, it was resolved to approve the dividend payment from the aforementioned retained earnings, which SCB will receive a dividend in proportion to its shareholding at 99.06%.
The company will use this money according to the business restructuring plan. By purchasing shares of subsidiaries from the Bank and SCB TEN X Company Limited or SCB 10X and use them as investments for 12 companies in the group. However, this money will not be used to pay interim dividends to SCB shareholders
As for the payment of interim dividends and annual dividends from the operating results of 2022 to the shareholders of SCB, it will be in accordance with the resolutions of the Board of Directors.
“Receiving the dividend is one of SCB’s significant progress in executing its strategy to become a leading regional financial technology company. SCB will continue to explore investment opportunities to create shareholder value. ASAP while the bank after the dividend payment from retained earnings this time still has a strong capital level and still have the potential to do business as well as providing efficient, continuous and comprehensive service to customers,” said Mr. Arthit.
Krungsri Securities Public Company Limited expects that in the next few weeks, SCB should announce the approval of the interim dividend payment. It is expected that for the year 2022 SCB will pay at 5 baht, divided into an interim dividend of 1.50 baht and an annual dividend of 3.50 baht, representing a dividend yield of 1.3% and 3.1%, respectively.
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