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Thai Bourse Affirms Capital Market’s Strength On Thai Corporate Day 2016

Date 23/02/2016

The Stock Exchange of Thailand (SET) has joined hands with CIMB Securities (Thailand) Co., Ltd. to organize “SET-Thai Corporate Day 2016: Driving Economy with Sustainable Growth” from March 7-8, 2016 in Bangkok, with 50 Thai listed firms to present their strengths and potential growth to foreign institutional investors.

Representatives from the government sector will present the government’s policies, aiming to give insights of Thailand’s infrastructure and transportation development, creating more confidence on Thailand’s economy as well as listed firms’ potential.

SET President Kesara Manchusree said, “Foreign investors are interested to find more details on government’s mega-infrastructure projects in which it will enhance Thai listed firm’s investment opportunities in the region. SET Thai Corporate day 2016 is to accommodate global investors with an access to the Thai capital market investment. 50 Thai listed companies, both small and medium-sized, from various industries with combined market capitalization of THB 1.8 trillion (approx. USD 50 billion), or 14 percent of the total market value (as of February 19, 2016), will participate in the event to present their strengths and effectiveness to institutional investors in one-on-one meetings.”

Suchai Sutasthumkul, Chief Executive Officer of CIMB Securities (Thailand) said, “Amid volatile global markets, Thailand stands out on the back of its economic recovery and more stable political environment. Despite strong regional headwinds, we believe there are several sectors, such as healthcare, tourism and infrastructure that will continue to perform well. The conference will feature various mid-sized companies with strong business models, which we believe will not only allow them to weather the tough global economic environment but also to capture more market share and become key players in their sectors. This is indeed the perfect opportunity for investors to explore these companies before they become crowded trades.”