Ambitious JK AMC targets pole position

From left: Mr Suthirak, Mr Patchara and Mr Piya announce the establishment of JK Asset Management Co Ltd.

JK Asset Management (JK AMC), a joint venture forged by Kasikornbank (KBank) and JMT Network Services, has set an ambitious goal to become the country's No.1 asset management company, with bad assets of 100 billion baht under its management by 2025.

KBank and JMT set up JK AMC with registered capital of 10 billion baht, each holding a 50% stake.