TSD’s new service will enable the listed firms to receive information, e.g., share distribution reports and their major shareholders lists, from the TSD faster. While the companies will benefit from the quicker service, the TSD will also save on report printing costs.
Furthermore, this will help listed companies to more easily and quickly retrieve share registrar information to prepare them for their annual general meetings or dividend payments.
The TSD has been testing its Portal by requesting monthly reports from about 150 companies, which all responded satisfactorily.
The TSD will further develop its portal so that the listed firms can soon retrieve directly from the scripless system’s database. This database includes the number of companies’ shareholders, lists of major shareholders, numbers of shares held by holders of share certificates, and the details of share certificates. Furthermore the companies will also be able to access the share registration glossary.
The TSD’s portal is convenient to use, as listed companies can access the service via www.tsd.co.th, key in their user IDs and passwords obtained from the TSD, then download information stored in Excel or PDF formats for their own use. Historical data is also available.
The TSD has been sending user IDs and passwords to companies, and the service will be available to all firms by January 2006.
Currently the quarterly companies’ information (reports on share distribution and major shareholders) is available in hard copies and CDs at the Maruey Knowledge and Resource Center. Investors can quickly search the database and download them in Excel or PDF formats for their own analyses whilst saving on their printing costs.