Aura Group Thailand & Daiwa Securities Group Inc. sign Memorandum of Understanding
Aura Group Pte Ltd (Aura Group) is pleased to announce that Daiwa Securities Group Inc. and Aura Group Thailand have signed a Memorandum of Understanding (MOU). The strategic business alliance outlines an agreement to collaborate in Thailand on cross-border M&A advisory and capital markets deals and to strengthen the business relationship between Daiwa and Aura internationally. Daiwa Securities Group may also consider participation as an investor in deals in line with its investment strategies that Aura Group is involved in.
Daiwa Securities Group is one of the largest investment banks in Japan. The Group contains several prominent asset management and principal investment affiliates. Daiwa Securities has offices in key cities globally, including New York, London, Beijing, Hong Kong and Singapore. Daiwa Securities has many business alliances around the world, including Mirae Asset Global Investments Co., Ltd. in South Korea, Affin Hwang Investment Bank Berhad in Malaysia and Saigon Securities Inc. in Vietnam. Aura Group Thailand is the Thai branch of Aura Group, a group of financial services businesses, with offices in Sydney, Melbourne, Brisbane, Singapore, Bangkok and Ho Chi Minh City. In Thailand, Aura is distinguished by its expertise in cross-border M&A, its wide and deep connectivity to prominent Asian families and its ability to source proprietary dealflow.
Daiwa Securities Group and Aura Group Thailand hope to build on each other’s exceptional strengths to deliver a unique value proposition in the Thai financial markets. According to Aura Group Thailand Managing Director, Kris Panijpan, “Daiwa and Aura have worked together in the past. This will be one further step toward a genuine partnership that we believe will propel both of our businesses to new levels both locally in Thailand and in other international markets".