Thai NVDR Co., Ltd. (Thai NVDR) was established in 2000, with a registered capital of THB 10 million. The Stock Exchange of Thailand (SET) is the major shareholder, holding 99.99% of the total shares. Thai NVDR is responsible for issuing and selling Non-Voting Depository Receipts (NVDRs) to investors.
Nature of business
Thai NVDR is responsible for executing the purchase or sale of those listed company shares whose investors wish to trade through NVDRs. This service is offered to all, irrespective of the number of securities held or the holder’s nationality. NVDR holders receive the same full financial benefits as they would receive had they invested directly in shares (i.e. dividends, rights, and warrants) but there are no voting rights for NVDR holders.
Board of Directors and Management
The company’s Board of Directors is composed of :
- Mr. Pakorn Peetathawatchai (Chairman)
- Ms. Pataravasee Suvarnsorn
- Mr. Rongrak Phanapavudhikul
Registrar of NVDRs
The Thailand Securities Depository Co., Ltd. (TSD) will act as registrar and depository center for both underlying securities and NVDRs.
- Ms. Thanyaphorn Tangthanopajai registration No.9169
- Mr. Peradate Pongsathiansak registration No.4752
- Ms. Wannisa Ngambuathong registration No.6838
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Thai NVDR Company Limited
The Stock Exchange of Thailand Building
93 Ratchadaphisek Road, Din Daeng, Din Daeng, Bangkok 10400
Tel. +662 009 9433-43
Fax. +662 009 9476