US ABOUT 
About Us
 
Initially established under the name of Eastern Finance and Securities Company Limited (ETFS)
 
In September, ETFS was taken over by Peregrine Group and changed its name to Peregrine Finance and Securities Company Limited (PGFS)
 
After the Financial Crisis, in July, Lehman Brothers through a holding company structure acquired a 99%-stake in PGFS and the name of PGFS was later changed to Global Thai Finance and Securities Company Limited (GTFS)
 
In October, GTFS separated its Finance and Securities businesses, with Global Thai Securities (GTS) becoming a 100%-owned subsidiary of Global Thai Finance (GTF).
 
In March, the Thai Management of Lehman Brothers and Global Thai Finance successfully initiated a management buyout (MBO) of GTF and subsequently renamed to the current of "Advance Finance Company Limited".

Meanwhile the securities business of GTS subsidiary was divested out of GTF holding since the Management’s objective was to focus purely on finance business.

In May, the Company was upgraded into the Public Company under the title of "Advance Finance Public Company Limited" with the registered and paid-up capital of THB 650 million.
 
In June, IFS Capital Limited, the listed company on the main board of the Singapore Exchange, majority-owned by the Philip Capital Group, a leading provider of financial and securities services, and manages mutual funds in 11 European and Asian countries with 2,000 expert personnel, has acquired 10%-stake of the Company’s paid-up shares and become our partner since then.
 
In March, the Company has registered and paid-up capital from 650 million Baht to 1,000 million Baht

In July, Seamico Securities Plc. ("SEAMICO") which has been approved by the Ministry of Finance and the Securities and Exchange Commission to engage in business activities related to the securities industry including Securities Brokerage, Financial Advisory, Derivatives Agent and Asset Management, has acquired 10% stake of the Company’s paid-up shares and has become our partner since then

In September, The Brooker Group Plc. (“BROOK”) which has been approved by the Ministry of Finance and the Securities and Exchange Commission to be Thailand's leading financial consult, real estate consultancy and capital management company, has acquired 10% stake of the Company’s paid-up shares and has become our partner since then
 
In January, the Company has changed their par value from THB 100.00 per share to THB 1.00 per share
 
In March, Asia Capital Group Public Co.,Ltd. (“ACAP”) which has been approved by the Ministry of Finance and the Securities and Exchange Commission to offer a wide range of financial services and advisory with core specializations in NPL valuation and corporate debt restructuring, has acquired 10% stake of the Company’s paid-up shares and has become our partner since then

In May, the Company has registered and paid-up capital from 1,000 million Baht to 1,250 million Baht