Bangkok--7 Jan--Thaicom
THCOM Upgraded onto SET50 Index from January 1, 2014
THAICOM Public Company Limited successfully launched THAICOM 6 satellite into orbit on Monday, 6 January 2013 (Local Time) by Falcon 9 rocket from Cape Canaveral, Florida, USA.
Suphajee Suthumpun, Chairman of the Executive Committee and Chief Executive Officer stated “This is the good news for the New Year 2014, Thaicom has successfully launched THAICOM 6 satellite into orbit. THAICOM 6 will serve the customer need and also strengthen THAICOM’s hotbird platform on 78.5 Degrees East. At present, the Company has already acquired total of over 60% booking on THAICOM 6’s capacity.”
THAICOM 6 is Star 2.3 model built by Orbital Sciences Corporation, U.S.A. It contained 33 transponders including 24 C-band transponders and 9 Ku-band transponders. THAICOM 6 will serve broadcast industry with higher quality of the digital TV and more high definition channels.
“Furthermore, most recently, The Stock Exchange of Thailand (SET) has announced components of the SET50, SET100 and SETHD indices for the first half of 2014 (January 1-June 30, 2014). And THCOM is one of the new components of the SET50 Index which results in raising our calibre to serve customer's needs as well as to grow profitably and sustainably as a leading communication Satellite provider," Suphajee added.
Since the first of January 2014, THCOM has been upgraded onto the SET50 Index which is the Index that has been set to accommodate the issuing of index features and options in the future. The Underlying Index is also provide a benchmark for investment in the Stock Exchange of Thailand for the SET50 and SET100 Index have also been established. These indices are calculated, respectively, from the stock prices of the top 50 and 100 listed companies on SET in terms of large market capitalization, high liquidity and compliance with requirements regarding the distribution of shares to minor shareholders (Free Float).
The Market Value of SET50 is approximately Bht 9 Trillion (about 75.16% of the total grand Market Value of SET as of November 2013).