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The Stock Exchange of Thailand (SET) together with Maybank Kim Eng Securities (Thailand) PCL organizes “SET Thailand Corporate Day in London”, the United Kingdom (UK), on May 10, with nine Thai listed companies to present the firms' strengths, the Thai economy's growth potential, underlining Thailand’s position as a strategic hub of the Greater Mekong Subregion (GMS).
SET Senior Executive Vice President Santi Kiranand said, “To enhance listed firms’ growth potential, SET has constantly developed various investment instruments and activities for companies to effectively utilize the Thai capital market to meet their financial needs. Outbound roadshows have been significantly effective in promoting the visibility and performance of listed companies to global institutional investors. In March, SET hosted a roadshow in Korea for the first time, gaining good response from investors and boosting investor confidence, with an update and understanding on Thai capital market investment”.
“The United Kingdom is a leading financial hub among global investors. UK investors are currently the third most active foreign investors in the Thai capital market, while being the top holders among foreign funds in Thailand, holding 37.18 percent of the shares or accounting for THB 1.49 trillion (approx. USD 42.57 billion), showing that the impact of global economic volatility has less effect to the country and investors tend to invest on a long-term basic. This year roadshow can be instrumental in boosting investors’ confidence, by presenting the growth potential and strength of the Thai capital market and Thai economy, while enhancing competitiveness and its role as GMS connector, drawing foreign funds to the region”, added Santi.
The nine listed companies joining this roadshow are listed firms with high growth potential from various industries consisting of Services, Resources, Agro & Food Industry, Financials, Property & Construction, with total market capitalization (as of May 5, 2017) of THB 613 billion (USD 17.57 billion),accounting 3.85 percent of the total.
SET’s upcoming roadshows will be in Japan and Singapore. In addition, SET will organize "Thailand Focus 2017", the annual flagship inbound roadshow later this year.
