Reorganization of Structure of Thai Stock Market Announced

15.02.2009 19:30

SET Chairman Pakorn Malakul Na Ayudhya at Money Expo.

On February 23 a memorandum of Understanding will be signed creating a new investment opportunity.

Thailand’s stock exchange will join other regional stock exchanges to form the ASEAN Common Exchange Gateway of which will create a standard demutualization process and reorganize the whole SET group in the way of exchange functions and capital market development funds, said Stock Exchange of Thailand Chairman Pakorn Malakul Na Ayudhya.

Reorganization of Structure of Thai Stock Market Announced - SET - Thai Stock Market - ASEAN - Thailand - Philippines - Vietnam - Malaysia

“The new group made up of Thailand, Singapore, the Philippines, Vietnam, Malaysia and Indonesia will attract regional and international investors and investment funds,” the chairman explained.

Reorganization of Structure of Thai Stock Market Announced - SET - Thai Stock Market - ASEAN - Thailand - Philippines - Vietnam - Malaysia

Reorganization of Structure of Thai Stock Market Announced - SET - Thai Stock Market - ASEAN - Thailand - Philippines - Vietnam - Malaysia
The Pattaya Money Expo attracted almost 50,000 area residents looking for loans and other financial services. Pictured clockwise are Governement Housing Bank, Kasikorn Bank, TMB Bank, Governnment Savings Bank, Siam Commercial Bank and Ayudhaya Bank among the 19 banks offering loans.

“Each of the six countries will list 30 stocks to be listed on the ASEAN Bulletin Board for a total of 180 stocks,” the Thai SET chairman said.

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