SET roadshow planned for New York
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Deputy Prime Minister and Minister of Finance Kittiratt Na-Ranong will lead the Stock Exchange of Thailand (SET)'s roadshow in New York during October 24-25.
Eleven listed companies will accompany him in the roadshow, hosted by the exchange together with Auerbach Grayson and KT Zmico Securities.
The "Thailand Conference" roadshow aims to showcase the readiness of the Thai capital market to take advantage of Southeast Asia's economic growth and match 11 Thai listed companies with US institutional investors. Kittiratt will deliver a keynote speech on "Positioning Thailand for the Challenges in the Rotation World."
"We will bring 11 medium-and large-sized firms which are on the radar of US funds, from five industry groups, to present information directly to investors in one-on-one meetings. These firms include newly-listed NOK Airlines (NOK) and MC Group (MC)," said SET President Charamporn Jotikasthira.
KT Zmico Executive Chairman Chaipatr Srivisarvacha, said: "The main objective of these two days is to showcase new growth opportunities to the US investors. These are opportunities derived from structural transformation and new strategic undertaking in light of regional market integration. The formalisation of the
ASEAN Economic Community (AEC) in 2015 with its 600 million people, the arrival of new budding market like Myanmar, and increased infrastructure investment
across Southeast Asia will bring untold excitement to the investment landscape in the region for years to come. The continuing success of Thailand as a country
and an investment destination has an annualized broad indexed returned of 25 per cent since early 2010."
The 11 companies participating in the roadshow are Bangchak Petroleum (BCP), Bangkok Expressway (BECL), Central Plaza Hotel (CENTEL), GFPT
(GFPT), MCOT (MCOT), MC Group (MC), NOK Airlines (NOK), Ratchaburi Electricity Generating Holding (RATCH), Samart Corporation (SAMART), Sansiri (SIRI), Thaicom (THCOM), with a combined market capitalisation of Bt360 billion (approximately US$11.6 billion) as of October 18.
