Beyond Securities, or BYD, has completed the acquisition of existing ordinary shares of Kingsford Securities, or KFS, on 24 July 2026. It purchased 850.50 million shares, representing 90% of the total issued and paid-up shares of KFS, at a price of 0.04404 baht per share, totaling 37.46 million baht, from Kingsford Holdings, or KFH. As a result, KFS became a subsidiary of BYD from that date. BYD will proceed with the remaining steps, including the acquisition of newly issued ordinary shares of KFS and the transfer of assets related to the company's securities business unit to KFS in the form of a partial business transfer. A source from BYD stated that after the investment, the company plans to merge the securities business, along with transferring personnel, clients, and assets into a new company under the name New Beyond within this October. It is expected that after the merger, the new company's market share will rank among the top 5 on the Stock Exchange of Thailand, with a target of reaching the top 3 by 2027.
Beyond Securities PCLBeyond Securities acquires 90% of Kingsford Securities, plans merger to create New Beyond targeting top 3 market share by 2027.
Kingsford Holdings sells 90% stake in Kingsford Securities to Beyond Securities for 37.46 million baht.