Mr. Kittiratt Na-Ranong, President of the Stock Exchange of Thailand (SET), disclosed about the SET Board November Meeting today that the Board had raised an issue of spread amendment to the table for discussion again, and decided that it is a good principle and appropriate for long-term investment. However, it was noted that the actions taken to clarify the amendment and to make it acceptable among the general public were not adequately distributed. The Board directed the SET executives to make it clear to the investors, and insisted that any measures going to be implemented in the future be thoroughly and carefully done to prevent side effects like the resistance and psychological effects as previously occurred.
Regarding the termination of share price ceiling of 30%, the Board considered the subject as interesting and has already raised it up from time to time. They will further carefully bring to discussion with practitioners in the securities business as well as the investing public at large before making any decisions.
