Thai bourse’s highlights the need to increase supply and expand the investor base

ข่าวหุ้น-การเงิน Wednesday February 27, 2008 13:52 —PRESS RELEASE LOCAL

Bangkok--27 Feb--SET The Stock Exchange of Thailand (SET)’s Investor Expansion Committee met on February 25 and urged that there must be a range of marketing strategies and product promotions to expand each different investor group. Also, the number of quality listings should be increased to attract investors, SET and Committee Chairman Pakorn Malakul Na Ayudhya said. This committee, appointed by SET’s Board of Governors, is made up of 15 executives from public and private sector agencies, such as National Economic and Social Advisory Council, Securities and Exchange Commission, SET, Government Pension Fund, Capital Market Development Fund and Revenue Department, and listed firms, brokerages and insurance companies. “The committee agreed on the importance of attracting increased participation from financially knowledgeable local institutions, such as mutual, social security and pension funds, and insurance firms. They would help stabilize securities prices. Currently their trading value is insufficient, ranging between 11% to 17% of total turnover,” Mr. Pakorn said. Foreign investors require full and up-to-date information through events such as road shows. Retail investors enjoy marketing events, such as those held regularly in Bangkok and other provinces. However, there need to be marketing programs targeted specifically at potential investor groups, e.g. Government Pension Fund members. Consequently, the Exchange will host an Employees’ Choice Program to provide an opportunity for people to learn more about individually tailored investment strategies. “The New Listing Committee will also attract investors by increasing the number of quality listings. SET’s Capital Market Opportunity Center will turn Investor Expansion Committee’s comments and suggestions into an action plan to be considered at the next Committee meeting in March,” Mr. Pakorn added. Members of the Investor Expansion Committee are:Mr. Pakorn Malakul Na Ayudhya Chairman, The Stock Exchange ofThailand Committee Chairman Mr. Apisak Tantivorawong President, Krung Thai Bank PCL Member Dr. Chaipant Pongtanakorn Director and CEO, Far East Securities Co., Ltd. Member Mr. Nibhat Bhukkanasut Chairman, Capital Market Development Fund Member Dr. Pisit Leeahtam Chairman of Macroeconomic Standing Working Group, National Economic and Social Advisory Council Member Mr. Prasert Bunsumpun CEO & President, PTT PCL Member Mr. Pravej Ongartsittigul Senior Assistant Secretary-General, Securities and Exchange Commission Member Mr. Rapee Sucharitakul Chairman, Kasikorn Securities PCL Member Mr. Sanit Rangnoi Director-General, Revenue Department Member Mr. Sansern Nilrat Senior Executive Vice President, BT Securities Co., Ltd. Member Mr. Sara Lamsam President, Muang Thai Life Assurance Co., Ltd. Member Mr. Suthep Peetakanont Chairman and Chairman of the Executive Board, Capital Nomura Securities PCL Member Mr.Visit Tantisunthorn Secretary-General, Government Pension Fund Member Ms. Patareeya Benjapolchai President, The Stock Exchange ofThailand Member Mr. Vichate Tantiwanich Executive Vice President, The Stock Exchange ofThailand Member For more information, please contact the Corporate Communications Dept.: Ladawan Kantawong Tel: 0-2229-2036 / Sarinluck Jitkawong Tel: 0-2229-2037 / Nattaporn Boonprapa Tel: 0-2229-2049 / Watsamon Saowakhonsathien Tel: 0-2229-2797

แท็ก marketing   thailand   kasikorn   Bangkok   nation   TOT  

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