||Asean Affairs 11 July 2013
Thai bourse roadshow to Japan boosts investor base
The Stock Exchange of Thailand (SET) has affirmed its success from “The SET & Nomura Japan Roadshow”, organized with Capital Nomura Securities pcl during July 4-5, during which 32 fund managers from 17 international funds participated in 73 small meetings and presentations by 10 Thai-listed companies from 4 industry groups.
SET Executive Vice President Pakorn Peetathawatchai said, “Executives of the Thai bourse and Capital Nomura met with executives from leading mutual funds in Japan, who participated and learned more about the Thai economic and investment outlooks as well as new products available on SET, particularly those related to infrastructure funds and holding companies. At the same time, Thai listed firms have the opportunities to provide the information directly to institutional investors during the many one-on-one meetings. The Thai bourse also presented information to 100 Capital Nomura marketing officers in charge of retail investors to attract more Japanese retail investors to invest in Thailand’s capital market, while gaining feedbacks from Japanese investors about the Thai capital market as well as investment-related problems and obstacles.”
Shinichi Muzuno, President of Capital Nomura Securities pcl, said “The latest roadshow was a prime opportunity for both the SET and Thai listed firms to provide essential information directly to Japanese investors to boost confidence of Japanese investors and attract them to invest in Thailand, even when the global market remains volatile.”
The 10 Thai-listed companies which went on the trip were Asia Aviation pcl (AAV), Amata Corporation pcl (AMATA), Berli Jucker pcl (BJC), BTS Group Holdings pcl (BTS), The Erawan Group pcl (ERW), Home Product Center pcl (HMPRO), Khon Kaen Sugar Industry pcl (KSL), Ticon Industrial Connection pcl (TICON), Thai Oil pcl (TOP) and Thai Tap Water Supply pcl (TTW), for a combined market value of THB 384.72 billion (approx. USD12.82 billion) as of July 8, or 4% of total SET market capitalization.