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Date/Time
07 Jan 2015 17:16:00
Headline
SET News :Thai bourse highlights GMS Connector role at Thai Corporate Day 2015
Symbol
SET
Source
SET
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SET News 3/2015
                                                                                
 January 7, 2015
 
Thai bourse highlights GMS Connector role at Thai Corporate Day 2015
                                                                            
BANGKOK, January 7, 2015 - The Stock Exchange of Thailand (SET), has joined 
hands with Maybank Kim Eng Securities (Thailand) pcl to organize "SET-Thai
Corporate Day 2015: Thailand, ASEAN's Gateway to GMS" on Jan 26 - 27 in Bangkok,
reinforcing SET's positioning as an investment hub of the Greater Mekong
Subregion (GMS).
 
SET President Kesara Manchusree said that the event was to accommodate global 
investors an access to investment products in the subregion through Thailand, a
fundraising center of GMS, in line with the continuous growth ready for the
ASEAN Economic Community (AEC) launch. Finance Minister Sommai Phasee would
preside over the event and give a speech on the outlook of Thai economy and
investment. More than 40 Thai listed companies which have businesses,
investment, or branches in GMS, with combined market capitalization of THB 3.4
trillion (approximately USD 104.5 billion), or 25 percent of the total market
value (data as of Jan 6, 2015), would participate in the event to present their
strengths and effectiveness to institutional investors from all over the world.
 
"Currently, there are more than 100 Thai listed firms, or 17 percent of total 
listed companies, owning businesses in GMS. Moreover, companies in GMS have
realized the benefits of raising funds from Thailand via listing on the Thai
stock exchange, i.e. holding companies and REITs and also the upcoming channels,
primary listing, secondary listing, and infrastructure funds expected to start
this year. This synergy will enhance the economy, trade investment and
capabilities of people in the region," added Kesara.
 
Maybank Kim Eng Securities (Thailand) Co-CEO Montree Sornpaisarn said, "Thailand
is regarded as an attractive country for investment. Despite Thai economic
downturn from political uncertainties in 2014, Thai economy has gradually
recovered from the fourth quarter onwards, as a result of rising consumption and
economic stimulus measures from the Thai government. In 2015, Thai economic
growth is expected to grow by 4 percent, which will help enhance Thai capital
market investment. Thailand has become a regional investment hub due to the Thai
capital market's product varieties, efficiency and internationalized
processes."

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