News Detail

Date/Time
07 Sep 2017 16:35:00
Headline
SET News :SET signs MoU with Oslo Stock Exchange, renews MoU with Chittagong Stock Exchange
Symbol
SET
Source
SET
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    SET News 70/2017
                                                                                
    September 7, 2017

SET signs MoU with Oslo Stock Exchange, renews MoU with Chittagong Stock 
Exchange
BANGKOK, September 7, 2017 -  The Stock Exchange of Thailand (SET) and Oslo 
Stock Exchange (OSE) of Norway today signed a memorandum of understanding (MOU)
to synergize efforts on capital market development and business opportunities
between the two countries, including listing, trading, products and services
development, roadshow and information sharing. SET also renewed the MoU with
Chittagong Stock Exchange (CSE) to continue the co-operation between the two
exchanges.
SET President Kesara Manchusree said, "The inaugural MoU between SET and OSE, 
spanning five years from today, underscores SET's mission in connecting Thailand
and the region to the world. The MoU aims to foster closer collaboration
including exploring a framework to promote secondary listing on another party's
exchange and product development such as depository receipts (DRs) and exchange
traded funds (ETFs) with Thai or Norwegian underlying. It also encompasses
seeking the possibility of the cross-trading of securities, arranging investment
activities to expand opportunity for investors, as well as information
sharing."
"For the Oslo Stock Exchange, it is exciting to further expand our international
scope by entering into this MoU with The Stock Exchange of Thailand," says
Bente A. Landsnes, president and CEO of the Oslo Stock Exchange. "Co-operating
on important strategic areas for both exchanges will mutually strengthen our two
 markets and benefit issuers who wish to expand their investor base."
Furthermore, SET also renewed the MoU with Chittagong Stock Exchange (CSE) today
(Sept 7) for another five years. The MoU between SET and CSE started in 2002 to
promote knowledge and expertise sharing regarding the products and services,
encompassing the seeking of products and services development possibilities, as
well as promoting business opportunities.

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