Thailand Focus 2012, organized by The Stock Exchange of Thailand (SET), Phatra Securities pcl and Bank of America Merrill Lynch, has brought an unprecedented numbers of foreign investors from around globe plus analysts, brokers, and executives from government agencies and the private sector to join in the event, under the theme “Positioning Thailand for the Next Growth Phase” during August 29-31 at the Four Seasons Hotel, Bangkok.
SET President Charamporn Jotikasthira said: “The event gains the most attractiveness since it has been organized with 122 leading fund managers around the world and 109 domestic institutional investors gathering to become more aware of Thailand’s strong economic fundamentals and the growth potential of 89 Thai listed companies, representing 70 percent of total market capitalization, participating to present their views and business opportunities. This underlines SET’s commitment to match the right financial opportunities for foreign investors, enabling them to find out firsthand about the performances and business directions of companies, which is the key objective of this event.”
“Thai listed companies have demonstrated upbeat performances and strong fundamentals, as shown by their rapid recovery from last year’s flood crisis. Meanwhile, the Thai stock exchange also has developed remarkably, scoring the first-ever highest trading liquidity in the region during the second quarter, and being upgraded to be Advanced Emerging Market by FTSE Group this year. These occurrences are evidence of our rapid progress to become one of the region’s top exchanges. In addition, SET has implemented strategies to meet the demands of all kinds of investors through new products and services, new trading engine, and the ASEAN Link. The bourse has also been gearing up to enhance cooperation between and develop capital markets in Indochina, which is seen as a fast-growing region in the next phase. Therefore, we truly believe we are increasing our attractiveness to foreign institutional investors,” Charamporn added.
Phatra Capital's CEO Aphinant Klewpatinond, said: “Phatra alongside BoAML and the SET are proud of what we have put forth today. The Thailand Focus Conference is the biggest investor conference of the year, with representatives from eight groups of countries plus a handful of investors from the European region. In this coming two day period, we have been able to schedule over 1,000 meetings for our attending investors.
Today’s program has been structured to give our investors full insight into Thailand’s current standing as one of the key members of ASEAN Economy. We aim to emphasize how financial challenges in global capital markets are affecting our region and how Thailand could position itself to be less affected, as well as highlight emerging manufacturing patterns and infrastructure transformation taking place in Thailand.”
Bank of America Merrill Lynch’s Head of Thailand investment, Asadej Kongsiri, said: “International institutional interest in the Thai economic growth story is strong and accelerating. This event provides an ideal platform for the government and the country’s leading companies to further highlight how its diversified economy and rapidly accelerating domestic sector are translating into real and sustainable growth.”
“Thailand Focus 2012: Positioning Thailand for the Next Growth Phase” is one of SET’s activities to match the right financial opportunities for institutional investors around the world and boost capital market opportunities for Thai listed companies. For more information, please contact www.set.or.th or S-E-T Call center 0 2229 2222