Brief: ANZ in Thailand, and Silver Chef forecast

  • ANZ is seeking to upgrade its representative office in Thailand to branch status. The Financial Review reported that ANZ was seeking ways to reduce a two year waiting period.
  • Business equipment finance company Silver Chef said yesterday that it expects to report a net profit in a range from A$3.8 million to $4 million for the December 2011 half - a 24 per cent to 30 per cent increase over the previous corresponding period. The company said it had enjoyed strong asset growth and lower than expected bad debts during the half.