The Listing Department, as part of the Market Regulation division, provides services to enable the listing of securities; it also supervises listed companies to ensure that their information disclosure complies with the Stock Exchange of Thailand (SET) regulations. These important roles in turn facilitate good corporate governance and ensure equal rights for shareholders. The Listing Department proactively supervises listed companies by understanding the unique nature of each firm’s business and by adhering to the principles of fair play in order to abide by the spirit of SET regulations. The Listing Department’s ultimate goal, therefore, is to enhance investor confidence within SET and bolster long-term funding to build the Thai economy.
The Listing Department's scope of work is as follows:
- Analyze and consider the qualifications of companies requesting their securities be listed on SET; determine the extent to which securities of a given firm comply with listing requirements; and coordinate with relevant agencies to facilitate listings.
- Coordinate with, monitor, and provide advice and recommendations to listed companies and related parties so they meet SET requirements in respect to the full disclosure of timely and accurate information to investors; and so listed companies and relevant stakeholders understand and comply with requirements for maintaining the standards of being a listed company. The Listing Department also disseminates pertinent information to shareholders and investors online and by means of printed matter, as well as through seminars. In addition, the department holds hearings with listed companies to consider solutions for various issues related to SET requirements, to reduce obstacles, and to add value so that companies can gain full benefits from being listed.
- Track and analyze financial conditions and performance of listed companies; ensure that qualifications for being a listed company are maintained; consider implementing solutions with listed companies experiencing operational problems; and take action against listed companies that violate regulations or are otherwise ineligible to be listed on SET. The Listing Department's overriding goals are to encourage listed companies to achieve high standards of quality, highly competent management, and good corporate governance, all of which contribute to strengthening investor confidence within the Thai bourse.
By providing timely and accurate information, maintaining transparent corporate governance, and treating shareholders and other parties fairly and equitably, listed companies can boost investor confidence, encourage investing in the Thai capital market, and mobilize long-term savings.