Thailand Focus 2013, organized by The Stock Exchange of Thailand (SET), Phatra Securities pcl and Bank of America Merrill Lynch, welcomed 186 institutional investors worldwide joining in the event, under the theme “Connecting to New Investment Frontiers,” and to meet with 112 listed companies during August 28-30 in Bangkok.
SET President Charamporn Jotikasthira said that Thailand Focus is the annual flagship event to showcase Thailand’s economic potential and opportunities for foreign institutional investors. This year’s event surpassed milestones in many aspects; 186 foreign fund participants, 112 listed companies to present information, and about 2,000 meetings between listed firms and investors scheduled, reflecting the attractiveness of the Thai capital market and Thailand’s economy to global investors.
“Given its high potential growth, Asia has been gaining visibility in the eyes of investors worldwide. The Greater Mekong Subregion (GMS) has been of particular interest – and Thailand is strategically located in the center of this region. For this year’s event, SET emphasizes the area’s attractiveness by inviting the Cambodia, Laos, and the two Vietnam stock exchanges, together with their listed companies to present and have one-on-one meetings with investors. Meanwhile, SET has also developed its own infrastructure to connect capital markets in the area, including new listing rule for holding company as an alternative investment for business in the region, enabling the holding company to raise fund from the Thai stock market,” Charamporn added.
President Krittiya Veeraburus of Phatra Securities, a subsidiary of Kiatnakin Phatra Financial Group, highlighted that “Foreign fund managers saw the high growth potential of Thailand and other ASEAN countries, although short-term risks and volatility are present. The managers see stock prices as being attractive and as presenting good opportunities for investment. This seminar will help investors get deeper insights into the Thai stock market and other markets in the region. The conference also provides other benefits for investors, such as exchanging views with listed companies’ executives in friendly and relaxed surroundings, and getting to know business sectors and network with firms in those industries. Investors are also interested in Thailand’s economic growth outlook and progress of the government’s infrastructure plan, as well as regional economic expansion and the linkage of Thailand’s economy with those of neighboring countries."
Bank of America Merrill Lynch Country Head & Managing Director Ornkanya Pibuldham, said: "There remains significant international interest in the ongoing Thai economic story and as a proxy for wider regional growth. A diverse industry profile, sound economic fundamentals and consistent financial policy and prudence combine to position the country as a healthy and stable economy at the forefront of a more dynamic Southeast Asia region."
"Thailand Focus 2013: Connecting to New Investment Frontiers" is the SET's main 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
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