Briefs

Under the liberalisation of the brokerage industry, starting next year there will be no limit in the number of brokerage houses, said Pakorn Peetathawatchai, chief marketing officer of the SET.

"The exchange has accordingly revised the membership rules, to open the doors to others. This will help expand the investor base and inspire competition in service quality, which will benefit investors. This will also support greater competition and trading linkages with other bourses," he said.

The SET now has 49 members.

OSK Securities (Thailand), a unit of OSK Investment Bank in Malaysia, this month won a brokering licence from the SEC.

MTS wins award

MTS Gold Futures has been named Best Company Providing Derivatives by the SET Awards 2011 event.

This is the first gold-trading company that provides trading derivatives to receive this prestigious award.

3D game festival

LG Electronics (Thailand) Co is emphasising its leadership in three-dimensional and "smart" TVs by conducting the first "LG Cinema 3D Game Festival" in Thailand, providing consumers with what it calls an unrivalled 3D games experience.

The company says it is also introducing a new world of entertainment with a premium LG Smart TV service called "K-Pop Zone", offering a wide range of 3D entertainment content from Korean superstars. LG says it is confident it can become No1 in the 3D TV market next year.

Nu Skin buys LifeGen

Nu Skin Enterprises announced that it had closed the transaction to acquire LifeGen Technologies, a genomics company based in Madison, Wisconsin, for US$11.7 million (Bt365 million).

The Nu Skin purchase will result in the transfer of substantially all of the assets of LifeGen to Nu Skin, including its proprietary tissue bank and gene expression database, patents and other intellectual property related to anti-ageing gene research.

Nu Skin has branches all over the world, including Thailand. – The Nation