Malaysia-base CIMB Group Holdings Bhd is expected to become the first foreign company to list on the Stock Exchange of Thailand (SET) when the new regulations on foreign listing on the Thai bourse come into effect next month.
SET president Patareeya Benjapolchai on Monday revealed the new regulations on foreign listing have been approved by Thailand’s Securities and Exchange Commission (SEC) and the Thai bourse in October this year and will be effective from next month.
However, Patareeya disclosed that the regulations will in the first phase allow only the dual listing …

The Stock Exchange of Thailand (SET) has planned to reduce the target number of companies seeking initial public offerings (IPO) of shares both on the bourse and the Market for Alternative Investment (MAI) within this year.
According to SET president Patareeya Benjapolchai, the exchange had earlier set a target to draw 46 companies for the listing on both SET and MAI this year but the current unfavourable sentiment in the market is likely to bring down the number of IPO shares to be listed on SET.
However, Pattareeya said, the number of …

The Stock Exchange of Thailand (SET) has appointed Dr.Veerathai Santiprabhob as new chief strategy officer, as well as the executive director of its Capital Market Research Institute, from January 26 onward.
The Thai bourse yesterday announced that Dr.Veerathai, former executive vice president for strategic planning at Siam Commercial Bank (SCB) — Thailand’s third largest bank, will be in charge of Corporate Strategy and Development Division of the Thai bourse, overseeing business policies for SET and developing strategic plans.
He will also head the Capital Market Research Institute, which will support the works …

Thai Beverage Plc, Thailand’s largest brewer and distiller, today decided to cancel its listing in the Stock Exchange of Thailand (SET) after the protests of about 300 anti-alcohol activists.
SET president Patareeya Benjapolchai told a press conference that she had received a letter from Thai Beverage, dated December 8, saying that it wishes to postpone its listing on the Thai bourse for the time being despite being invited to proceed with the listing in order to end the further disruption which could impact negatively on the country’s economy and society.
Patareeya said …