SET amends listing rules to attract ‘new economy’ firms
The Stock Exchange of Thailand (SET) has amended listing criteria to better align with the new economic landscape and international practices, opening up opportunities for New Economy companies, both domestic and foreign, to raise funds from the Thai bourse.
The Stock Exchange of Thailand (SET) has made significant revisions to its listing rules to better accommodate New Economy companies and attract investment into key industries. These changes aim to align the Thai capital market with the evolving "new economy" landscape and international practices, as outlined by SET president Asadej Kongsiri.
The amendments will impact 10 targeted industry groups, such as advanced medical and healthcare, next-generation automotive, smart electronics, and those backed by the Board of Investment (BoI) and the Eastern Economic Corridor (EEC) Office. The new criteria will come into effect on September 11, allowing for faster and more convenient fundraising for these high-potential businesses.
The revised framework introduces a special track for businesses promoted by the BoI and EEC, and adjusts public offering criteria for foreign companies with prior capital raises on foreign exchanges. While maintaining foreign company qualifications, the SET has also revised silent period requirements to align with international standards, ensuring adequate trading volume and liquidity on the SET for these future-oriented industries.
Written by urgent.news from Bangkok Post Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
