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Published on 6/3/2009 in the Prospect News Emerging Markets Daily.

Thailand's TMB Bank repurchases $22.00 million tier 1 securities

New York, June 3 - TMB Bank PCL said it bought back $21.998 million of its perpetual non-cumulative tier 1 securities in the open market on June 2.

Settlement of the purchases is expected on June 5 and the securities will be cancelled on June 10.

TMB is a state-controlled bank based in Bangkok.


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