Thai bourse to expand investor base in large corporations

ข่าวทั่วไป Tuesday April 8, 2008 10:29 —PR Calendar of Event

Bangkok--8 Apr--SET The Stock Exchange of Thailand (SET)’s Investor Expansion Committee has offered to assist the bourse’s investor marketing team in targeting large corporations, whose employees and executives are or could be members of provident and pension funds, SET and Committee Chairman Pakorn Malakul Na Ayudhya announced. Tapping provident and pension fund markets will increase both institutional and retail investors. Currently there are about three million fund members nationwide. To increase the investor base, the bourse will launch three major strategies: 1) Through educational activities, promote the Employee’s Choice program among provident and pension fund members and the Employee Joint Investment Program among listed companies' employees. 2) Promote investment in long-term equity funds (LTFs) and retirement mutual funds (RMFs), especially after the government has increased the income tax deduction for investors to THB 500,000 from the current THB 300,000. (This initiative is in addition to the campaign encouraging LTF and RMF investment through monthly salary deductions.) 3) Persuade financial institutions to provide integrated services, covering stocks, bonds and derivatives, through mechanisms such as the securities companies’ mini- or cyber-branches based in banks and malls. (Presently, there are 32 of these branches.) The investor marketing team is responsible for implementing these plans and reporting progress to the Investor Expansion Committee at its meeting in Q/2.

แท็ก marketing   thailand   Bangkok   nation   LTF   RMF  

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