The Stock Exchange of Thailand (SET) SET, together with ACL Securities Company Limited and BNP Paribas Thailand, will organize a roadshow “SET US Roadshow: Riding Thailand’s Urbanization Wave,” in the United States on June 25-29, to highlight the strength of Thailand's listed companies, capital market, and strong economy.
SET is also planning its roadshow in Tokyo, Japan and Toronto, Canada in July by joining with Daiwa Securities to hold “Thailand Toronto/Tokyo corporate day: Stepping up domestic demand.”
“Given the financial crisis in the Euro zone, this should be a good opportunity for SET to offer investment options and demonstrate the overall picture of Thailand’s economy and first-quarter strong performance of Thai listed companies, which recovered very quickly after last year’s flood devastation. As the Thai economy should be able to maintain its growth momentum, it should easily attract institutional investors worldwide into the stock market,” SET President Charamporn Jotikasthira, said.
Eight companies from five business sectors joining in Boston, Chicago, New York, and San Francisco are Advanced Info Service pcl (ADVANC), Amata Corporation pcl (AMATA), Bank of Ayudhya pcl (BAY), Banpu pcl (BANPU), Central Pattana pcl (CPN), Tisco Financial Group pcl (TISCO), Thai Oil pcl (TOP), and Thai Union Frozen pcl (TUF). These firms have a combined market capitalization of THB 1.2 trillion (approx. USD 37.5 billion), representing 12.30 percent of total market value as of June 12, 2012.
SET continues to connect business opportunities to investors in all segments. Organizing annual overseas roadshows is a SET strategy to match the right financial opportunities for investors by presenting information and insights on the Thai market to foreign investors. These events are also good opportunities for Thai listed companies to demonstrate their strengths to foreign investors directly. Earlier this year, SET held roadshows in Singapore, Hong Kong, and Malaysia.