Stock exchange vows to continue its package of major reforms
The Stock Exchange of Thailand (SET) is pursuing a sweeping package of statutory and structural reforms to strengthen corporate governance, attract high-growth new economy listings and make Thai companies more attractive to investors, says SET chairman Kitipong Urapeepatanapong.
The London Stock Exchange's Pisces market is set to host its third tech deal, following the announcement of a £6m employee share sale by Veremark. The private securities market, introduced by the government last year, allows employees and existing investors to sell their stakes in secondary share sales. Veremark, which uses technology for background checks, will conduct the transaction on September 22nd with a subsequent auction on October 7th.
CEO Daniel Callaghan hailed the deal as an "important milestone" in the City's efforts to prevent tech firms from seeking overseas investments, citing cost savings on stamp duty. Pisces, approved by the financial watchdog in August 2025, initially struggled to attract interest from private companies but has since seen growth, with Wayve and Moneybox conducting larger employee share sales earlier this year.
Callaghan emphasized that Pisces offers young companies access to liquidity that larger firms possess, positioning the platform as a competitive alternative to existing exchanges.
Written by urgent.news from City AM's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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