Key points
- SEC and SET have united to strengthen Thai listed companies through two flagship programs:
- Corporate Value Up program by SEC to enhance long-term corporate value through governance excellence, robust value enhancement strategies, and regular communication with investors, complemented by Thai ESG and Thai ESGX fund mechanisms.
- JUMP+ program by SET to empower listed companies through three-year growth strategies and progress tracking mechanism for enhanced transparency and visibility. With support from partner organizations, the program targets 100 participating companies in 2025.
Capital market organizations have joined forces to empower Thai listed companies through the Corporate Value Up program by the Securities and Exchange Commission (SEC) and the JUMP+ program by the Stock Exchange of Thailand (SET), complemented by incentive and support programs to reinforce confidence in the Thai capital market and foster sustainable growth.
SEC Secretary-General Pornanong Budsaratragoon emphasized the transformative potential of the Corporate Value Up program as a growth driver of the Thai capital market ecosystem. “Asian exchanges are confronting the dual challenges of delivering returns and maintaining investor confidence. In response, several Asian countries have implemented corporate value up programs to elevate corporate governance standards and create long-term value for shareholders. At present, Thailand stands at a critical crossroads in its sustainability journey, and transitioning toward the value up pathway presents a pivotal opportunity if we envision listed companies as key engines of the country’s sustainable economic growth. Therefore, the SEC initiated the Corporate Value Up program as a key mechanism in elevating corporate governance standards of the business sector. This program serves as both a ‘strategic framework’ and ‘market signaling mechanism’ working in concert with the policy-level incentive instruments, including the Thai ESG Fund, the Thai ESGX fund, and the JUMP+ program, to orchestrate systematic transformation of the Thai capital market for solid growth, sustainability and global prominence.”
The Corporate Value Up program is based on three key components: (1) governance excellence, (2) comprehensive value up strategies covering both corporate value enhancement and environmental dimensions with a two-year timeline, and (3) transparent investor communications. Listed companies meeting these criteria will qualify as eligible investments for the Thai ESG Fund or the Thai ESGX Fund. At present, there are two companies achieving the eligibility status.
SET President Asadej Kongsiri highlighted the JUMP+ program as a catalyst for sustainability and operational excellence among listed companies. “SET has launched the JUMP+ initiative to support listed companies in advancing their sustainability and operational excellence for the benefit of the companies themselves, their shareholders, and the broader capital market ecosystem. Under this program, participating listed companies will develop their JUMP+ roadmaps, encompassing business plans, corporate governance plans, and climate action plans, and will receive implementation support from SET and partner organizations. This support includes consulting services funded by the Capital Market Development Fund (CMDF), domestic and international roadshows for their enhanced visibility, Opportunity Day events, analysis papers, and promotional activities across channels of SET and its partners. Along the JUMP+ process, participating companies will benefit from strengthened capabilities, accelerated growth, and enhanced competitiveness which will contribute to the overall attractiveness of the Thai capital market. We anticipate 100 listed companies joining in the first year. In addition, JUMP+ participants meeting the SEC’s qualification criteria will advance to the Corporate Value Up program.”
The JUMP+ initiative represents a long-term commitment, requiring participating companies to develop three-year growth strategies (2026-2028) with transparent disclosure of their goals, implementation plans, progress updates, and regular investor communication via SET’s channels throughout the program’s duration.
“The Jump+ initiative will provide investors with access to participating companies’ growth strategies and regular progress updates through various channels, including the Opportunity Day, to support their informed investment decisions. The program will also feature the Jump+ Corporate Day, a dedicated forum facilitating direct engagement between investors and the management team of Jump+ enterprises for additional investment insights,” added Asadej.
Participating listed companies are expected to finalize their JUMP+ roadmaps by the fourth quarter of this year, with progress updates available from Q1/2026 onwards.
The parallel implementation of the Corporate Value Up program and the JUMP+ program reflects the shared commitment of the SEC and SET to strengthening the quality of Thai listed companies which forms an essential foundation for the Thai capital market and the nation’s economic and industrial growth.
For more information about the Corporate Value Up program and the Jump+ program, please visit:
Corporate Value Up: https://www.set.or.th/th/market/information/securities-list/thaiesg
JUMP+: https://www.set.or.th/th/market/information/jump-plus/overview
