Bangkok--26 Jan--SET
The Stock Exchange of Thailand (SET) and Maybank Kim Eng Securities (Thailand) pcl today successfully organized the SET-Thai Corporate Day 2015 roadshow, under “Thailand, ASEAN's Gateway to GMS” theme. This is the first inbound roadshow in 2015 for Thai listed companies to present their strength to global investors. The roadshow has gained interest from more than 220 institutional investors, consisting of 68 foreign investors. More than 925 meetings have been arranged with more than 50 Thai listed companies participated in this roadshow. Deputy Finance Minister Wisudhi Srisuphan has also participated in the roadshow to highlight SET’s role as Greater Mekong Subregion (GMS) Connector, in line with SET’s 2015 commitment to be an investment hub of GMS’s capital market.
SET President Kesara Manchusree said that SET has successfully started off this first roadshow with a phenomenal 220 institutional investors participated, of which 68 were foreign investors. It was significant that more than 50 Thai listed companies with businesses, investment, or branches in GMS, with combined market capitalization of 26 percent of the total market value, have joined. More than 925 meetings have been arranged to accommodate global investors with an access to investment products in the sub-region through Thailand, a fundraising center of GMS.
Deputy Finance Minister Wisudhi Srisuphan stated, “Since the second half of 2014, Thai economy has recovered. The government has implemented many policies to boost consumer confidence, including Board of Investment’s approval of many projects, speeding up government budget disbursement, and others. Therefore, Thai economy will continue to grow in 2015, as a result of inflation stability, foreign exchange reserves and low public debt. In addition, the government also plans to promote Thailand as a regional economics connector through the promotion of cross border trading, transportation and tele-communication linkage to support digital economy, as well as financial and capital market connection as seen on the recent fundraising on Thai bourse from company operated in Laos.
Maybank Kim Eng Securities (Thailand) Co-CEO Montree Sornpaisarn said, "The company was pleased to jointly organized the event this year with overwhelming success and positive results. At this starting point of 2015, the Thai capital market has outperformed with an increase of 2.5 percent after a fall at the end of 2015, reflecting investors’ confidence on the strong fundamentals of Thai listed firms and Thai economic growth. In addition, consumer consumption, export and travel figures have improved compared to last year. Besides, the lower oil price allows people to spend more on other things. Moreover, the Thai baht stability, low inflation and interest rates are key factors to enhance the strength of Thai economy. As such, this roadshow is a great opportunity to highlight the potential of Thai listed companies to provide information to foreign investors worldwide, including those from Singapore, Hong Kong, Malaysia, Europe and the United States. We also received positive response from those investors, especially towards Thai small and middle cap companies and companies listed on or operated in GMS countries, since GMS is a high potential and resourceful region.”
The SET-Thai Corporate Day 2015: Thailand, ASEAN's Gateway to GMS" has been held from Jan 26 - 27 in Bangkok, as a part of SET’s activities to offer investment opportunities in GMS to global investors to expand its foreign investors’ base.
For more information, please visit www.set.or.th .
Members of the media please contact the Public Relations Unit, Corporate Communications Dept.:
Arada Kultawanich tel: +66 (0) 2229 2796 / Darawan Maleesri tel: +66 (0) 2229 2798 / Kanokwan Khemmalai tel: +66 (0) 2229 2048.