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Social Security Office offloads over 41,000 BBL shares

Sep 29. 2020
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By The Nation

The Social Security Office (SSO) sold 41,100 Bangkok Bank (BBL) shares on September 24, the Securities and Exchange Commission (SEC) reported on Tuesday.

The SEC said it received the SSO’s report on acquisition or disposition of securities stating that the company sold 41,100 BBL shares, accounting for 0.0021 per cent of total shareholding.

This makes SSO shareholding in BBL drop to 95.40 million shares, accounting for 4.99 per cent of total shareholding.

As of June 30, approximately 68 per cent of SSO investment was in government bonds and 12.09 per cent in Thai stocks. The company has a policy to invest 80 per cent in safe-haven assets and 20 per cent in volatile assets.

The company realised gains of Bt23 billion in the first half of this year – Bt21 billion from interest, debt instrument sales and asset borrowing fees, and Bt2.7 billion from dividends and equities and investment unit sales.

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