Bangkok--Nov 10--SET
The MAI joins hands with the SME Bank in creating the ‘MAI Type’ Entrepreneur. Loans at special interest rates will be available at “SET in the City 2004”.
The President of the MAI (Market for Alternative Investment), Mr. Vichate Tantiwanich, disclosed that the MAI will be offering an advisory service to SMEs as well as providing information to people interested in investing in such firms at the MAI Booth.
There will be many interesting seminar topics specially held for investors, e.g., on Nov.11, “Tapaco..Hot New Listing on the MAI” will be followed on Nov.12 by “Discovering GFM: A New Gem on the MAI”. These 2 sessions will be held in Meeting Hall 3, which can accommodate 150 participants. On Nov.14, the last day of the event, “There’s More to the MAI Stocks” will be a full 60-min. session where institutional and retail investors, securities analysts, and listed companies’ executives will be sharing their experiences in identifying new investment opportunities and the gains one can attain from investing in small stocks. This seminar will take place in the Ballroom, which can accommodate 700 attendees.
The MAI and the SME Bank will be offering a special deal for SMEs only at ‘SET in the City 2004’. For new entrepreneurs or the ‘MAI type’ entrepreneurs, special loans will be offered at a fixed interest rate of 5% for the first 3 years, after which it will change to the MLR. The total amount of funds available to be granted as part of this special promotion is THB5,000 mln. per year. It is targeted at 1,000 SMEs per year. The loan service will be available starting from January 1, 2005, onwards.
Entrepreneurs interested in the new loan promotion can sign up for free at the MAI booth in front of the Plenary Hall throughout the 4-day fair between 10.00-20.00 hrs.
Mr. Vichate continued, “At ‘SET in the City 2004’ our new image will be presented to the public for the first time. We can assure all attendees that the SME entrepreneurs and people wishing to become entrepreneurs are all welcome to use our services and receive our special giveaways.
“The MAI will collaborate with the SME Bank to encourage 190,000 SME firms nationwide to list on the MAI. Providing a good base for the SMEs to access funds will yield fruitful results for Thailand in the future,” he noted.
In 2005 the MAI expects 40 companies to list, making the total firms on the MAI 65. Of those expected new listings, 30 will be from the MAI, the remaining 10 will be from the SME Bank. For 2004, the total listings are expected to be 25.
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.