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Stock Exchange Of Thailand Announces Board Of Governors' Resolutions October 2000

Date 01/11/2000

Mr. Vicharat Vichit-Vadakan, President, the Stock Exchange of Thailand, announced the resolutions of the SET Board of Governors following the Board's monthly meeting as follows:

Approval of SET Research Project to Develop Capital Market - A Listed Company Industrial Database

In order to ensure financial analysts, investors and interested persons have sufficient listed company basic information, for both securities analysis and overall industry comparative analysis, to invest in the Exchange, the SET Board of Governors has resolved to start a research project to help develop the capital market; namely, constructing an industrial database of all listed companies. This will entail revising and adding to the information currently disseminated on the SET information system, both information classified by company and information classified by industry, so that this new database will include listed company information, financial information and basic ratios necessary for analysis, and important information on the economy and related industries. This fundamental database information will be complete, accurate, and fit to serve users' needs. Furthermore, it will be presented in a user-friendly format on the SET information systems and website for financial analysts, investors and interested persons to use in their decision making in securities investment. Moreover, the SET believes that availability of this industrial database will help securities and investment management companies reduce their operational costs regarding their research.

In early 2001, the Stock Exchange of Thailand will launch this listed company industrial database, with priority given to the following information: basic company information, financial information, and company news¾all in a new format, conveniently downloadable for all users. At a later stage, the SET will also disseminate information on the economy and industrial factors crucial for the analysis of securities, by the using governmental organization Web-links providing the pertinent information.

Appointment of New Board of Governors: Thailand Securities Depository Co., Ltd.

The SET Board of Governors has resolved to appoint a new Board of Governors for the Thailand Securities Depository Co., Ltd. (TSD), comprising 4 SET Governors, 1 SET Executive, 5 highly-qualified other individuals and the company's Managing Director, to succeed the existing Board of Governors, which is approaching the end of its current term. The new board will consist of:

  1. Mr. Amaret Sila-On, Chairman
  2. Mr. Vicharat Vichit-Vadakarn, Vice-Chairman
  3. Mr. Penwan Thongdeetae, Governor
  4. Mr. Chokechai Tanpoonsinthana, Governor
  5. Dr. Surat Palalikit, Governor
  6. Mr. Techapit Sangsingkaew, Governor, (Representative of the Bank of Thailand - Assistant Director, Settlement System Line)
  7. Mr. Adul Winaipaet, Governor, (Representative of the Ministry of Commerce - Director General of the Trademark Department)
  8. Mr. Bodin Unakul, Governor, (Custodian Representative - Manager of Securities Services Department, Bangkok Bank Public Co., Ltd.)
  9. Mr. Somsak Thanasarnsilp, Governor, (Representative of listed companies - Deputy Managing Director, Saha Pattana Inter Holding Pubic Co., Ltd.)
  10. Dr. Piangjai Pukkakup, Governor, (Representative of Debenture Trading Unit - Deputy Managing Director, Thai Farmer's Bank Pubic Co., Ltd.)
  11. Mrs. Nongram Wongwanitch, Managing Director
The TSD's new Board of Governors will hold their positions for one year, from November 1, 2000 to October 31, 2001.