Bangkok--Nov 12--SET
The Federation of Thai Capital Market Organizations (FeTCO) will allocate THB25 mln. to the “From All Thais’ Hearts to the South’s” Project aimed at relieving the distress in three border provinces currently facing the unrest.
The Chairman of FeTCO, Mr.Suthep Peetakanont, disclosed that FeTCO’s members includingi.e.-- the Association of Securities Companies (ASCO), the Listed Companies Organization, the Association of Investment Management Companies (AIMC), the Securities Analysts Association (SAA), the Thai Investors’ Association (TIA), and The Stock Exchange of Thailand (SET), -- are pleased to be part of the “From All Thais’ Hearts to the South’s” Project to show their concern and give a helping hand to our fellowthe Thais fellows in the three southern border provinces—Yala, Pattani, and Narathiwat.
“The unrest in these southern provinces hurt all the Thai people. We at FeTCO are concerned as well. We’d like to show our southern brothers and sistersfellows that others in Thailand,parts especially including thoseeir fellow Thais in the private sector, care for them and are willing to help alleviateease their problems. Our support for the South definitely has nothing to do with any political movement,” the FeTCO’s Chairman said.
FeTCO will gather THB25 mln. worth of funds from its members. These funds will be used in various other fundraising and campaigning activities to promote for a collective actions in support of the residents of the three southern provinces’ residents. Such activities will include selling t-shirts, cards, greeting cards, pins, and stickers with the Project logo on each of these itemsgifts. The products will be sold nationwide. It is estimated that the sales cwould reach THB100 mln.
On another charitable endeavor, Tthe SET Chairman, Mr.Vijit Supinit, said that, in establishing the “SET’s 30th Year Anniversary Fund”, the SET Board has already approved anto allocation ofe a THB100 mln. The fund will be utilized to makefor social contributions to Thai society. These social contributions will be in the areas ofconcerning, for example, education, sports, and social welfare. This fund will later be transformed into a foundation and be open tofor a broadermore participation byof other organizations. The fund will also be an opportunity for related organizations in the capital markets to contributeion to the society.
“The first activity the fund willis support is theing “From All Thais’ Hearts to the South’s” Project”. This corresponds to the SET’s willdetermination toin provideing needed supports to the South. This is then an opportune time when all of Thailandthat we can show the power and harmony of the Thai people, for the sake of the nation,” the SET Chairman said.
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.