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Capital Markets
August 8, 2007

SET ready for ties with Ho Chi Minh bourse
The Stock Exchange of Thailand is ready to follow up its cooperation with the Ho Chi Minh Stock Exchange of Vietnam in promoting the mutual trading system, according to SET chief Patareeya Benjapolchai.

She revealed SET had given a technology support to the securities trading system of the Ho Chi Minh Securities Trading Centre since 2000.

Under the cooperation, the centre’s officials, who oversee the information technology, trading room, and listed companies, had made observation and study tours and got training at SET on a continual basis.

At the same time, SET had dispatched IT officials to develop the securities trading system of the centre since early this year. Of late, the centre had been upgraded into the Ho Chi Minh Stock Exchange (HOSE) in the Vietnamese city of Ho Chi Minh.

She said SET had developed the automatic matching securities trading system with HOSE, which was launched on July 30. SET and HOSE would follow up cooperation in promoting mutual performance to attract investors.

They would prepare themselves for transnational business transactions and dual listing of companies in both markets in the future, she said. TNA

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