Dr. Uttama Savanayana, Vice Minister for Office of the Prime Minister and Advisor to the Finance Minister, disclosed that; “Foreign institutional fund managers are eager to receive an update on Thailand’s overall economy, the country’s development of its key sectors, as well as the visions of its government and business leaders
The event will also be an important stage for the SET50 companies to demonstrate their individual and collective potential as well as their leadership in Thailand’s key industries. Foreign investors will then realize the potential and competitiveness of Thai businesses within the global market,” Dr. Uttama stated.
Mr. Suthep Peetakanont, The Chairman of the Federation of Thai Capital Market Organizations (FeTCO) noted that “Thailand Focus 2004” will be a phenomenon for the Thai capital market. The hundreds of funds’ chief investment officers, fund managers, institutional investors, and analysts from leading companies that span the world including the U.S.A., Canada, the U.K. and numerous other European nations as well as several of our Asian neighbors have all graciously consented to participate.
“It is an opportune time for related parties in the Thai capital market to learn more about the views of leading fund managers and analysts on the Thai economy and its investment conditions. This information will be very useful to the development of the Thai capital market in the future,” Mr. Suthep said.
The SET President, Mr. Kittiratt Na-Ranong, said that: “There will be presentations by a total of 51 listed companies, which strongly represent the SET50 as well as other listed firms outside the SET50 list. In addition, 4 multi-national corporations will participate. Their combined market capitalization totals approximately THB 2.6 trillion
There will also be 74 distinguished speakers who represent Thailand’s highest echelon of executives from both the public and private sectors. Thailand Focus 2004 will host the greatest number of top-level executives ever to appear in one event in Thailand. The Thai prime minister will also kindly give his own opening remarks”.
Mr. Mark Fuchs, the Managing Director and Country Manager of Credit Suisse First Boston Securities said that the organizers received positive responses from the global fund managers that far surpassed what had been expected. Currently, 220 fund managers from 125 international funds have accepted the invitation, as have an additional 130 fund managers from 20 local funds. This event will thus be a gathering the greatest number of fund managers in Thailand.
Mr. Ike Sawamiphakdi, Head of Sales, International Equity Sales of ABN AMRO, disclosed that there will be several presentations conducted by representatives of potentially listed companies such as Beer Thai (1991) Pcl., MCOT Pcl., and Thai Oil Pcl. as well.
With respect to the participating multinational corporations, we are proud to welcome and include Toyota Motors Corporation, Minebea, Exxon Mobil and Samsung Asia as participants.
“From the exceptional responses of participants, and the readiness of all relevant parties, the organizers believe “Thailand Focus 2004’ will without a doubt strengthen the trust of investors in the Thai market,” Mr. Kittiratt concluded.
