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Thai Bourse And Senate Seek To Help SMEs Easily Access Funds

Date 28/07/2010

Thailand’s Market for Alternative Investment (mai) and the Senate Sub-Committee on Money and Capital Markets, Insurance and Financial Institutions will hold the seminar “SMEs go far in mai” on July 28 from 09.00-12.30 hrs. at Miracle Grand Hotel, Laksi, Bangkok. The event will allow enterprises, financial advisors, regulators, and other capital market participants to express their viewpoints on the problems on fundraising through mai and give advice on how to solve those problems. The seminar will also help participants become more aware of disclosure-based listing and tax privileges for listed companies, which will be an incentive for firms to list.

“The government and mai appreciate the significance of SMEs, which are very important to the nation’s economic development, and which have limited access to funds. Therefore, we are holding this event to brainstorm for means so that SMEs can raise funds through mai more readily. However, investor protection must also be considered,” revealed mai President Chanitr Charnchainarong.

These top executives from both the private and public sectors will exchange experiences and offer insights on a panel: Securities and Exchange Commission Deputy Secretary-General Chalee Chantanayingyong, mai President Chanitr Charnchainarong, Interlink Communication PCL President Sombat Anuntarumporn, Nation Broadcasting Corporate PCL President Adisak Limprungpatanakij, and Jubilee Enterprise PCL CEO Viroj Phonprakit. The discussions will be moderated by an Executive from the Monetary Policy Strategy division, the Bank of Thailand, Kobsak Pootrakool, PhD.

Chief Regulatory Officer Yeo Lian Sim of the Singapore Exchange Ltd. will speak on the problems, obstacles and achievements of disclosure-based listing in SGX.

The issues and solutions proposed by seminar participants will sent to the Senate Committee and other bodies for consideration.