Bangkok--Sep 20--SET
The Finance Minister today held a meeting with the organizations involved in Thailand’s capital market at The Stock Exchange of Thailand Building. Participating representatives were from the Securities and Exchange Commission (SEC), The Stock Exchange of Thailand (SET), the Federation of Thai Capital Market Organizations (FeTCO) and its member organizations. Besides the SET, FeTCO members are the Association of Securities Companies (ASCO), the Association of Investment Management Companies (AIMC), the Listed Companies Association, the Securities Analysts Association, and the Thai Investors’ Association.
Finance Minister Dr. Somkid Jatusripitak acknowledged the readiness of the organizers of “Thailand Focus 2004” conference. He expressed his strong approval of the idea behind this event, which will be held on September 20- 23. He noted that the organizers were ready for the event and is confident that it will successfully increase both local and overseas investor confidence.
“At this conference, major fund managers from all over the world will be able to come and see for themselves how Thailand actually is like. They will be able to meet with the prime minister and other key ministers to receive first-hand information on what is going on in the country. Attendees will also have the opportunity to directly get information on listed firms and other companies that plan to list on the Thai stock exchange in the near future. In addition to all the above, they will also be taken to sites of high investor interest, such as Thailand’s industrial estates and the New Bangkok International Airport” said the Minister.
He added that FeTCO and the SET have been key organizers of the event, and more than 30 major investment funds from all over the world will be taking part in the event. Significantly, on the first day, 8 or 9 large fund managers have already been invited to breakfast with the Prime Minister.
“This event will only bring positive results. We foresee no negative effects coming out of this event for Thailand. It will be a great opportunity for foreigners to come and see the real Thailand and not only view the country through some statistical tables without getting to see reality with their own eyes. Several companies that manage a large number of funds will also join the event. This is the first time we have organized something like this and if it turns out to be a success, it will likely be repeated in following years” said the Minister.
For more information, please contact the Corporate Communication Dept.:
Ladawan Kantawong Tel: 0-2229-2036 / Kulvida Jintakawong Tel: 0-2229-2037 / Nattaporn Boonprapa Tel: 0-2229-2049 End.
--InfoQuest (NT)--