17 February 2021, Thailand - DC Advisory today announces the launch of DC Advisory Thailand, as parent company Daiwa Securities Group Inc.’s Singapore entity (Daiwa Capital Markets Singapore Ltd.), enters into a joint venture with 9 Basil Co., Ltd. and strategic investors in Thailand.
The launch of DC Advisory Thailand will provide new and existing clients with corporate finance advice both domestic and global. Thailand has played a key role in increasing outbound M&A activity across the Southeast Asia region, comprising 67 percent of Southeast Asia's deal value in 2020. This venture, in bringing together 9 Basil’s strong network of prominent investors and family offices across Southeast Asia, and DC Advisory’s established international footprint, is designed to service this increasing appetite for cross-border M&A.
Managing Director, Masahiro Yamauchi, will lead a team of experienced Thailand-based investment banking professionals, joining the seven other Asia-based DC Advisory teams, seven European offices, and four US offices, as part of Daiwa’s global M&A platform, employing over 500 professionals worldwide.
“We’re delighted to be expanding the DC Advisory Asia footprint to continue making a difference for clients worldwide. With an established footprint in this growing Southeast Asian market, we hope to facilitate inbound and outbound M&A opportunities for DC Advisory’s existing and prospective clients, as well as supporting Daiwa Securities Group Inc.’s extensive Japanese corporate contacts base. It’s an exciting time to be a part of this growing global organisation!”
"We are excited to be taking on this joint venture to help fuel trade channels between Southeast Asia and the world, leveraging our network of family offices across the region and DC Advisory's global client base.”
The joint venture will enter into operation on Monday 22 February 2021.