Bangkok--Dec 21--SET
The “Last Chance for Tax Reduction Via the the LTF-RMF” Fair will be extended to this coming weekend, Saturday,. Dec.25 and Sunday, .Dec.26, from 10:00 — 19:00 hrs. This time, all 17 asset management firms will be participating after last week’s performancewas proved to be suchn a huge success. Last weekend’s Fair drew in with about 7,000 visitors and saw sold nearly THB200 mln. worth of long-term funds (LTFs( ) and retirement mutual funds (RMFs) units sold. People who missed theat Fair have all been callinged to request afor their second chance.
Mrs. Nongram Wongwanich, President of the Thailand Securities Depository Co., Ltd. (TSD), disclosed that the TSD, the Association of Investment Management Companies (AIMC), and the ‘Let Your Money Work Through Mutual Funds’ Project, were concerned that there were many people who missed the “Last Chance for Tax Reduction Via the LTF-RMF” Fair held fromduring Friday Dec.17- througho Sunday Dec.19., Thus, the three co-organizersthey will again host the Fair on Saturday Dec.25 and Sunday Dec.26, 2004, again at the SET Building on Rachadapisek Road.
“Due to the success of last week’s fair, we’ve received numerous requests from people who missed the fair event as well as from the asset management companies for athe second LTF-RMF fair to be held. The organizers view this second fair as an added opportunityit would be beneficial for people who couldn’tcan’t attendjoin last week’s fair program or those who are are still considering whichthe funds are best -suited forto their needsm to have a second chance to meet with asset management company fund professionals. We then will host the “Last Second for Tax Reduction Via the LTF-RMF” Fair to benefit those still interested in tax reductions via investing in LTFs-RMFs.
“This coming Fair will be extra-special in that all 17 asset management companies will participate. There will be a grand total ofas many as 78 LTF and RMF funds for visitors to consider and shop around,” Tthe TSD President said.
The TSD will also provide special gifts for people who purchase the unit trusts worth at least THB10,000 atin the Fair. Visitors can come and get their TSD gifts at the fountain area in front of the SET Building.
The “Last Second for Tax Reduction Via LTF-RMF” Fair will include the booths of the 17 investment management firms along with the ‘Clinic Corner’ where face-to-face consulting with fund professionals will be possible, plus six seminar sessions, or 3 sessions each day, increasing from only 2 last week.
The scheduled seminars are as follows:
Saturday Dec.25
11:00 — 12:00 hrs. “Smart Planning with LTF/RMF”
13:00 — 14:00 hrs. “Tips for Making the Most Out of Investing in the LTF/RMF”
15:00 — 16:00 hrs. “How to Make the Best Decisions in LTF/RMF Investment”
Sunday Dec.26
11:00 — 12:00 hrs. “(No Secret) Tips in Investing Long-Term in the SET”
13:00 — 14:00 hrs. “Saving for Retirement”
15:00 — 16:00 hrs. “Tax -Saving Techniques with LTF-RMF”
“Investment in each LTF or RMF is tax —deductible, but must be no more than 15% of an investor’s total income or THB300,000 from investing in each type of fund. We would really like to encourage people who are’re considering investing inthrough LTFs and RMFs, or wishing to gain tax privileges, to join the “Last Second for Tax Reduction Via LTF-RMF” Fair as it will be your last chance this year,” Mr.s. Nongram concluded.
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.