Bangkok--Mar 18--SET
FeTCO & SEC Jointly Host the “Capital Market for Students 2005” Program for Youth to Join in Activities with Leading Organizations During School Break
The Office of Securities and Exchange Commission (SEC) and Federation of Capital Market Organizations (FeTCO) will jointly host the “Capital Market for Students 2005” Program. This is the 2nd consecutive year the two organizations will provide opportunities for about 5,000 students to join in.
As Chairman of “Capital Market for Students” Program, Mr. Thirachai Phuvanat Naranubala, SEC Secretary-General, revealed that the Program will be held for its 2nd consecutive year. This program will allow students to gain experience from the capital market industry during their summer vacation and also earn compensation in return. Thus, the students will be spending their free time beneficially whilst helping lessen their families’ economic burdens.
“This year leading listed, securities, and investment management companies as well as the SEC, the Thai Investors’ Association, the SET, the mai (Market for Alternative Investment), SETTRADE.Com CO., Ltd., Thailand Securities Depository Co., Ltd. (TSD), and Family Know-How Co., Ltd. will all participate in the program. These organizations will accept interns, host activities for the students to participate in, or liaison with social organizations/foundations so that the students can join in social activities. With all these scheduled activities, it is expected that this year the Program will be able to accommodate about 5,000 students,” Mr. Thirachai said.
Chairman of FeTCO, Mr. Suthep Peetakanont, said that the organizers are pleased that the large-scale companies will participate in the Program again this year. Besides promoting youth development, participating organizations will be entitled to deduct 1.5 times their expenses for the program when calculating their corporate income taxes.
Listed companies that will accept several intern students include C.P. Seven Eleven Pcl., Siam Cement Pcl., Krung Thai Card Pcl., Siam Commercial Bank Pcl., Charoen Pokphand Foods Pcl., Bangkok Bank Pcl., TT&T Pcl., GMM Grammy Pcl., ITV Pcl., Ch. Karnchang Pcl., National Petrochemical Pcl., PTT Exploration and Production Pcl., Thai Oil Pcl., Kulthorn Kirby Pcl., Shangri-La Hotel Pcl., Matching Studio Pcl., Major Cineplex Group Pcl., as well as Ayudhaya Securities Pcl. Most of them have already had their vacancies filled. The SET will be helping any companies that request additional interns.
“PTT Pcl. and Kiatnakin Securities Pcl. have donated THB100,000 each to support the program. For the TIA, the Association will host the “New-Breed Investors” Program which can accommodate 310 students,” Mr. Suthep said.
SET President, Mr. Kittiratt Na-Ranong, said that the SET is acting as an application center for participating organizations. There are announcements for intern vacancies on the website of the Thailand Securities Institute (TSI), www.tsi-thailand.org. Interested students can apply at the SET Building in person or call 0-2229-2225-6. Applications are continuing to pour in.
As for the activities at the SET, the mai, and the SET subsidiaries (TSD, SETTRADE.Com, and Family Know-How), there will be several interesting activities the students can choose to join in.
The SET, SETTRADE, and the TIA will host the “Thai Chess Competition 2005” from April — May. The Competition offers scholarships and prizes worth over THB500,000 for winners. Youth from primary school level to the general public can apply now until April 20 at Tel 0-2229-2219-20. Interested persons can also apply in person at the SET Building.
The mai will host the “mai GO Summer Match” to promote and educate “GO” (a type of board game) to enthusiasts in March. The GO competition will follow on April 4, 2005. The program looks to be well-received by the public. The youngest GO trainee is still in Kindergarten, level 3.
Meanwhile the TSD will host the “Youth Team Chess Championship” and the “TSD Thailand Open”. The matches will be taking place every Saturday and Sunday starting from March 19 — 20, 2005, until April 9 —10. Total prizes and scholarships are worth more than THB100,000. The Championships are the largest ones that have ever been held in Thailand.
In addition to the abovementioned activities, the students will also have an opportunity to contribute their personal time to better the Thai society by spending their summer school break at the Duang Prateep Foundation, the Slum Infants Center Foundation, the Thai-Arthorn Foundation, the Sikkha Asia Foundation, the Children Development Foundation, the Red Cross Society, the ‘Elder Teaches Younger’ Camp, as well as the activities to be held in the Klongtoey community. Students participating in these social activities will start their program period in March.
The members of FeTCO are comprised of the Listed Companies Association (LCA), the Association of Securities Companies (ASCO), the Association of Investment Management Companies (AIMC), the Securities Analysts’ Association (SAA), the Thai Investors Association (TIA), and The Stock Exchange of Thailand (SET).
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 /
Watsamon Saowakhonsathien Tel: 0-2229-2797 End.