Article: CONSUMER CREDIT: Mida Assets plans SET listing, NATION

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Mida Assets Plc Ltd, a local provider of payment-by-installment services for electrical goods, yesterday announced its intention to list on the stock market by the second quarter of next year in a major step towards expanding its consumer-financing business both domestically and overseas. The company is currently considering the first candidate in Indochina for its overseas expansion, with Laos, Vietnam and Cambodia being early front-runners. Mida Assets expects to mobilize more than Bt1 billion from next year' s listing. Between Bt300 million and Bt400 million of this will be spent on refinancing the company's current loans, while the rest will be for further business ...

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