Faktaindonesianews.com – Webull Thailand, a subsidiary of Webull Corporation listed on NASDAQ (BULL), has officially announced the signing of an agreement to acquire Pi Securities Public Company Limited, a securities firm with more than 50 years of experience in Thailand’s capital markets. The strategic acquisition is part of Webull’s broader effort to expand its digital investment business across Southeast Asia while strengthening its presence in Thailand’s financial market.
The acquisition is valued at approximately US$100 million (around Rp1.6 trillion, based on the current exchange rate). Through this transaction, Webull aims to deliver a more advanced investment experience while expanding the range of financial products available to investors in Thailand.
The acquisition reflects Webull’s commitment to accelerating the digital transformation of investment services, an area that continues to attract growing interest from younger generations. In addition to expanding its regional footprint, the company views Thailand as one of the most promising capital markets in Southeast Asia with significant long-term growth potential.
In a statement, Chonladet Khemarattana, Chief Executive Officer of Webull Thailand, emphasized that the company will continue to prioritize the interests of clients and investment consultants throughout the transition process.
He explained that combining Webull’s advanced technology with Pi Securities’ extensive expertise in Thailand’s capital markets is expected to create a more competitive investment platform. According to him, the integration will strengthen the company’s ability to offer a broader range of investment products while enhancing the overall quality of customer service.
Webull also affirmed that its service standards will not only be maintained but further improved following the completion of the acquisition. The company aims to ensure that all customers continue to enjoy a secure, convenient, and technology-driven investment experience.
Looking ahead, Webull plans to integrate its digital platform with Pi Securities’ deep understanding of Thailand’s capital market landscape. The collaboration is expected to build a more comprehensive investment ecosystem, providing access to a wider range of financial instruments alongside enhanced investment education services.
The acquisition will be executed through a share purchase agreement between Webull Thailand’s direct parent company and Country Group Holdings Public Company Limited (CGH), the controlling shareholder of Pi Securities.
Under the agreement, Webull will acquire CGH’s entire shareholding in Pi Securities at an enterprise valuation of approximately US$100 million. However, the transaction remains subject to customary closing conditions, including approvals from relevant regulatory authorities and shareholders.
Details of the transaction were also disclosed to the Stock Exchange of Thailand (SET) on June 29, 2026, in accordance with the country’s capital market regulations.
Webull Thailand is a licensed securities company authorized by Thailand’s Ministry of Finance and regulated by the Securities and Exchange Commission (SEC) Thailand. The company is also recognized as the ninth member of the Stock Exchange of Thailand (SET).
Currently, Webull Thailand provides investors with access to multiple global markets—including the United States, Thailand, Hong Kong, and China A-Shares—through a single digital platform. Users can trade stocks, Exchange Traded Funds (ETFs), and options using a secure and user-friendly trading system.
Meanwhile, Webull Corporation, the parent company, has expanded its investment services across 16 countries spanning North America, Asia-Pacific, Europe, Africa, and Latin America. The company serves more than 27 million registered users worldwide, offering access to a broad range of financial assets, including global stocks, ETFs, options, futures, fractional shares, and digital assets through one integrated investment platform.