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KBANK clarifies GULF shareholder change: GULF now holds 10.0298%

KBANK clarifies GULF shareholder change: GULF now holds 10.0298%

Thansettakij•Economy•1d ago

Reader Briefing

Gulf Energy Development increases its stake in Kasikornbank to over 10%, prompting KBANK's clarification to the Stock Exchange of Thailand.

  • •Gulf Energy Development (GULF) has increased its shareholding in Kasikornbank (KBANK) to 10.0298%.
  • •KBANK reported this change to the Stock Exchange of Thailand (SET) via Form 246-2.
  • •The shareholding change has no impact on KBANK's business operations, management structure, or administration.
  • •KBANK's stock price saw an increase of 2.50 baht on February 16, 2026.

Overview

  • •On February 13, 2026, Gulf Energy Development reported a shareholding change to the Securities and Exchange Commission (SEC) via Form 246-2.
  • •Kasikornbank (KBANK) officially reported to the Stock Exchange of Thailand (SET) regarding the change in its major shareholder's stake.
  • •Gulf Energy Development (GULF) increased its shareholding in Kasikornbank (KBANK) to 10.0298%, up from the previous 5.0288%.
  • •The shareholding change was reported in accordance with the report of acquisition or disposal of securities, Form 246-2.
  • •Kasikornbank (KBANK) stated that the change in shareholder proportion has no impact on the bank's business policy.
  • •Kasikornbank (KBANK) also stated that the change in shareholder proportion has no impact on the bank's management structure and administration.
  • •On February 16, 2026, at 11:19 AM, Kasikornbank's (KBANK) stock price was trading at 198.00 baht.
  • •Kasikornbank's (KBANK) stock price increased by 2.50 baht, or 1.28%, on February 16, 2026, with a trading value of 2,173.33 million baht.

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Key Entities

Organization

Kasikornbank Public Company Limited(ธนาคารกสิกรไทย จํากัด (มหาชน))ℹ️
A Thai bank that reported a change in its major shareholder to the Stock Exchange of Thailand.
KBANKℹ️
Abbreviation for Kasikornbank Public Company Limited, mentioned in the context of its stock price movement.
The Stock Exchange of Thailand(ตลาดหลักทรัพย์แห่งประเทศไทย)ℹ️
The regulatory body to which Kasikornbank reported the shareholder change.
SET(ตลท.)ℹ️
Abbreviation for The Stock Exchange of Thailand.
Gulf Energy Development Public Company Limited(บริษัท กัลฟ์ ดีเวลลอปเมนท์ จํากัด (มหาชน))ℹ️
A company that increased its shareholding in Kasikornbank.
GULFℹ️
Abbreviation for Gulf Energy Development Public Company Limited, a major shareholder in Kasikornbank.
The Securities and Exchange Commission(สํานักงานคณะกรรมการกํากับหลักทรัพย์และตลาดหลักทรัพย์)ℹ️
The regulatory body to which Gulf Energy Development reported its shareholding change.
SEC(ก.ล.ต.)ℹ️
Abbreviation for The Securities and Exchange Commission.

Law

Form 246-2(แบบ 246-2)
A report for the acquisition or disposal of securities, used by Gulf Energy Development and Kasikornbank.

Person

Mrs. Nalinee Ratanavadi(นางนลินี รัตนาวะดี)
A shareholder in Kasikornbank whose stake remained unchanged.