Thai Bourse Kicks Off 2015 Outbound Roadshow In London This Month

The Stock Exchange of Thailand (SET), has joined hands with Credit Suisse Securities (Thailand) Limited to organize “SET-Credit Suisse London Roadshow 2015”, during June 16-17 in London, the United Kingdom (UK). This year’s first outbound roadshow will lead six distinguished Thai listed companies to present their performance and potential growth to foreign investors.

SET President Kesara Manchusree said that to have our market in the radar screen of investors, SET is not only providing easy access but also expanding quality investor base by organizing roadshows both in Bangkok metropolitan and provinces as well as outbound roadshows. This would be an opportune time to address Thai listed companies’ performance right after the end of first-quarter financial statement announcement, and present their business directions directly to foreign institutional investors which would help boost up confidence among foreign funds.

“The six listed companies, with upbeat performance and promising growth, joining this outbound roadshow are Bangkok Airways pcl (BA), Bangkok Bank pcl (BBL), Bangkok Dusit Medical Services pcl (BDMS), Charoen Pokphand Foods pcl (CPF), CP ALL pcl (CPALL), Singha Estate pcl (S), with a combined market capitalization of THB 1.3 trillion (approx. 39.4 billion USD) (as of June 12, 2015), accounting for nine percent of the total market value.  The one-on-one meetings by these strong firms could draw a great deal of interest from investors in the UK, a key investment hub in Europe. Significantly, this is an attractive source of fund, as the figures showed the proportion of investment fund in Great Britain investing in Thai equities representing 13 percent of the Thai bourse’s total market capitalization,” Kesara added.

The roadshow this year will focus on global investment hubs. After the roadshow in London, SET will conduct roadshows in Hong Kong-Japan, Singapore in July and USA in October. Apart from SET outbound roadshow to major financial hubs, SET annual inbound roadshow entitled “Thailand Focus 2015” will be held in August, involving foreign fund managers to meet Thai listed companies for insights of the Thai capital market and economy.