On the 13th January, MC Group (ticker: MC) announced two new major shareholders, both are well known long-term investment group, Lombard through its investment vehicle, Mindo Asia Investment Ltd and NTAsian Discovery Fund.

So what?

• Well both groups are run by smart fellows, Lombard is well-known within Thailand for its holdings in Ticon, CPN, AS, SAT, SNC amongst several others, investments that all generally have done rather well. NT is a new kid on the block when compared to Lombard (who has been around since ’97 if I remember correctly), but they have a good track record when it comes to investing in the public markets. So if they believe in the long term story here, should we be paying close attention?

Source: MC Group