Listed companies on the Stock Exchange of Thailand (SET) reports record-high total sales of 2.12 trillion baht and profits of 205.29 billion baht for the first quarter of this year, up 18.22 percent and 29.74 percent respectively from the same period last year.
According to SET president Charamporn Jotikasthira, a total of 460 companies out of 506 SET-listed firms, including 32 property funds, had already submitted their operating results for the first quarter of this year and their total sales and profits surged to the highest since the establishment of SET, originally …

Listed companies on the Stock Exchange of Thailand (SET) have reported their combined net profit of 592.45 billion baht for 2010, up 38.98 percent from the previous year.

According to a SET report released yesterday, the companies on the Thai bourse, excluding property funds, saw their 2010 income from sales and services increase 17.67 percent from the previous year to 7.40 trillion baht, approximately USD244.90 billion while the combined operating profit rise 15.16 percent to 663.81 billion baht.
Other income, mostly the gains on investment and foreign exchange, during last year grew …

Former senior executive vice president of Siam Commercial Bank Plc, Charamporn Jotikasthira, yesterday became the new president of the Stock Exchange of Thailand (SET), succeeding Patareeya Benjapolchai whose tenure ends on May 31.
Charamporn, selected by SET’s board of governors in March, will serve his four-year term as the Thai bourse’s eleventh president until May 31, 2014.

Charamporn, 53, earned his bachelor’s degree in Electrical Engineering and Computer Science from the Massachusetts Institutes of Technology and an MBA from Harvard Graduate School of Business Administration, USA.
He joined the Siam Commercial Bank Plc …

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 …