The Thai stock market adjusts the criteria for foreign companies to be listed.

The Stock Exchange of Thailand. 

            The Stock Exchange of Thailand has revised the rules for accepting shares of foreign companies to be listed (Foreign Listing) in order to encourage foreign companies to be listed on the Thai stock market and to provide more investment options for investors.

            The revised criteria for foreign company listing acceptance (Foreign Listing) reduces the time required for a financial advisor to oversee the company after listing from three years to one year in order to be equivalent to the registration criteria for Thai companies and to comply with Securities and Exchange Commission regulations. This will encourage foreign companies to raise funds more easily by listing on the Thai Stock Exchange (SEC).

            In addition, the silent period for strategic shareholders was reduced from 3 years to 1 year and 6 months. After 1 year, 20% of the prohibited stocks can be sold and the rest of the prohibited stocks can be sold after 1 year and 6 months.

            A component of the Stock Exchange of Thailand's three-year strategic plan (2022-2024) to connect opportunities from all industries and serve as a source of capital for both domestic and international business sectors is improving overseas listing standards.

            The Stock Exchange of Thailand is part of attracting foreign investment and having foreign stocks listed in Thailand. In addition to adding more interest to the Thai stock market, it also adds an alternative for investors to be able to invest in foreign stocks through the Thai stock market by accessing foreign stock information as quickly as Thai stocks.

Source: SET Contact Center
Tel:+66  2 009 9999

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