LTMH has revealed that its subsidiary, securities company WealthX, is currently studying the feasibility of expanding its securities business scope to include brokerage services. This move is in response to potential future changes in government investment and tax regulations, and to support the long-term growth of the group. WealthX will consider a low-cost business model that builds on its existing systems and user base, while also exploring suitable business partners or alliances. The results of the study will be presented to WealthX's board for approval, and if it falls within the scope requiring approval from the company's board or shareholders, it will proceed accordingly, including obtaining licenses from relevant regulatory authorities. However, this is still in the study phase only, and there is no certainty whether it will proceed further.
LTMH Public Company LimitedLTMH's WealthX is only studying a possible brokerage expansion in response to potential future government investment and tax regulation changes, with no certainty it will proceed.