The Stock Exchange of Thailand (SET) is exploring various alternatives to improve trading of non-voting depository receipts (NVDRs) to facilitate foreign investors and securities companies. The SET will hold more discussions with other market participants, including the Thai Securities and Exchange Commission.
The SET is seeking to enhance its overall efficiency, including improving the NVDR trading process, Ms. Nongram Wongwanich, SET Chief Operating Officer, revealed. Such improvements would make NVDR trading more convenient and easy to understand for foreign investors and securities companies, including reducing limitations or obstacles encountered.
The SET will now discuss with market participants, including the Securities and Exchange Commission, as which approach to take to achieve the above goals and the timing of implementation.
