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The Stock Exchange of Thailand (SET) joins hands with three securities companies to kick off first series of roadshows this year in Asia, Europe and the United States during May-June, aiming to present the strengths and potential of Thai listed companies and economy, thus boosting confidence among foreign investors.
SET President Charamporn Jotikasthira said that the bourse would continuously attract foreign funds by holding roadshows to promote insightful information of Thailand’s economic overview and Thai listed companies’ growth potential among global funds in Asia, Europe and the United States in May and June. It would be the right timing to meet directly with foreign funds managers after Thai listed companies had announced their first-quarter financial statements.
“These three roadshows consist of 30 strong and high potential listed companies, with a combined market capitalization of THB 2.28 trillion (approx. USD 71.25 billion), accounting for 18 percent of the total market value. The teams will meet and present information for investors in three continents, namely Asia, Europe and the United States. This will be a great chance for medium-sized listed companies to meet with foreign investors as about half of the 30 companies were not constituents of SET50,” Charamporn added.
The first roadshow will be in Edinburgh, London and Paris from May 19-23 in cooperation with CLSA Securities (Thailand) Limited, under the name “SET & CLSA EU-UK Outbound Roadshow 2014.” Then, SET will join with BNP Paribas Securities and Finansia Syrus Securities to meet investors in Hong Kong and Singapore, key financial hubs in Asia, from June 9-13. After that, the roadshow team will join with Daiwa Securities and Thanachart Securities traveling to Toronto Boston and New York from June 23-27. Each roadshow will be participated by about 10 listed companies.
Earlier this month, SET, together with DBS Vickers Securities (Thailand) pcl, held an inbound roadshow called “SET-Thai Corporate Day 2014” in Bangkok. In addition, “Thailand Focus”, the annual major inbound roadshow will be held in Bangkok in August. In 2014, SET organized seven overseas roadshows and two domestic roadshows.
