SET joins with Tisco, Deutsche Bank for road show in London

BANGKOK, June 30 (TNA) – The Stock Exchange of Thailand (SET) has teamed up with Tisco Securities and Deutsche Bank to hold a road show in London on July 12-13 to tell and show leading European institutional investors about economic, political and investment conditions in Thailand.

SET president Charamporn Jotikasthira revealed executives of 10 leading listed companies with sound operating results and strong fundamentals would be taken to give information to the institutional investors there.

“This DBTisco Access Thailand 2010 road show also serves as a venue for senior officials of the Finance Ministry to give data on Thailand’s macro-economy. It is a good opportunity for SET, securities companies, and listed firms to communicate directly with foreign investors about the strength of listed companies and the Thai economy’s readiness to grow when the global economy recovers.

“We expect the road show will help restore investor confidence and draw more foreign investment into the Thai bourse,” he said.

Mr Charamporn said he believed many institutional investors would pay attention to getting information at the road show. Their investments in Asian markets total around US$400 billion.

He said the 10 listed companies invited to join the road show are large and medium with their stock value amounting to more than Bt12 trillion or 19 per cent of the SET’s market capitalisation.

They are Bangkok Bank, Bank of Ayudhaya, PTT, Ratchaburi Electricity Generating Holding, Thai Oil, CP All, Central Pattana, Charoen Pokhaphand Food and Minor International. (TNA)