The Stock Exchange of Thailand (SET) will boost liquidity in the Thai market and tap new sources of funds through more road shows for foreign investors. The first such trip will be to Japan, in collaboration with Daiwa Securities and four large-cap listed firms during March 7-11.
The planned trips in 2011 will be with leading listed companies, both those in the MSCI Index and candidates for that index. Moreover, other firms with strong earnings seeking to present fund managers with attractive investment opportunities will join each roadshow, noted SET President Charamporn Jotikasthira.
This year, the SET is eyeing not only destinations whose investors have already invested in Thailand (e.g., Boston, Japan, London, New York, and Singapore), but newer financial hubs, including Australia, Canada, Malaysia and Taiwan. Roadshows will also focus on investors in countries with a high level of capital but lack adequate information about Thailand’s opportunities, such as investors in China and new funds in Japan, by holding more private meetings.
This year’s first roadshow will be to Tokyo, collaborating with Daiwa Securities Capital Markets at the Daiwa Conference Investment 2011, on March 7-11. Bangkok Bank PCL (BBL), IRPC PCL (IRPC), PTT PCL (PTT) and Thai Oil PCL (TOP) will join this trip, as they have strong, sustained performances and have proven attractive to investors.