Bangkok--Dec 20--SET Corporate Communications
Mrs. Nongram Wongwanich, President of the Thailand Securities Depository Co., Ltd. (TSD), a co-host of “Last Chance for Tax Reduction Via the LTF-RMF” Fair, disclosed that the Long-Term Fund — Retirement Mutual Fund Fair had received a very good response from visitors. There were large crowds of interested people from the general public and serious investors who actively participated in the Fair and met with the fund professionals from 12 participating asset management companies.
“As of 17:00 hrs. on the first day, there were already about 2,000 visitors, and a total of THB20 mln. worth of unit trusts had been subscribed to. It is expected that total amount of subscriptions as well as the total number of visitors will continue to rise until the Fair’s closing at 19:00 hrs. Also, on Saturday, the18th and Sunday, the 19th. the Fair is expected to draw even more visitors, as it is a weekend. People who couldn’t join on Friday but still are interested in the Fair are expected to participate over the weekend instead.
“Today people came early in the morning even before the Fair started, and greater numbers kept arriving throughout the day. Visitors have actively shown their interest in acquiring more information about the LTFs-RMFs from the participating asset management companies. The first day of the Fair can be regarded as a huge success for its ability to draw people’s attention, provide them all with a greater understanding about investing in these funds, which helped increase the sales of the asset management firms,” Mrs. Nongram said.
People wishing to gain tax deduction privileges from investing in the LTFs and RMFs can join the “Last Chance for Tax Reduction Via LTF-RMF” Fair on Saturday Dec.18 and Sunday Dec.19, from 10:00 — 19:00 hrs., at the Exhibition Hall, 1st Floor of the SET Building.
The asset management companies participating in the Fair were Asset Plus Fund Management, Krungdhep Thanathon Asset Management, PrimaVest Asset Management, ING Funds (Thailand), Siam City Asset Management, National Asset Management, Aberdeen Asset Management, BBL Asset Management, SCB Asset Management, Kasikorn Asset Management, TISCO Asset Management, and One Asset Management.
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.