The Thai stock exchange said Singaporean investors have expressed interest in the market’s new trading system during a road show to the island city-state.
Mr. Charamporn Jotikasthira, President of the Stock Exchange of Thailand (SET), said that the Thai market and DBS Vickers Securities (Thailand) led nine listed companies on a road show to “The Pulse of Asia Conference” in Singapore to promote investment on January 12.
The investment promotion trip, the first of the year, was joined by Deputy Prime Minister and Minister of Commerce Kittiratt Na Ranong and Mr. Arkhom Termpittayapaisith, Secretary-General of the Office of the National Economic and Social Development Board.
Mr. Charamporn said that the Singapore road show was intended to show foreign investors Thailand’s post-flood crisis rehabilitation plan and the prevention system for the future.
According to the SET President, there were more than 90 investors from 50 leading funds, with US$70 billion worth of asset under their management, participating in the road show.
In addition to the restoration of confidence among foreign investors, the SET also updated them with the new trading system, scheduled to be operational in July and linked with regional stock markets in August, which really gained investors’ attention.
Mr. Charamporn believes that the road show to Singapore has accomplished a mission to keep investors’ confidence in Thailand intact.