News Detail

Date/Time
19 May 2021 09:36:00
Headline
SET News : SET amends listing requirements under the market capitalization test to facilitate listing of target industries
Symbol
SET
Source
SET
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                                                                          SET News 35/2021
                                                          May 19, 2021

SET amends listing requirements under the market capitalization test to 
facilitate listing of target industries
 
BANGKOK, May 19, 2021 - The Stock Exchange of Thailand (SET) has amended its 
listing regulations to support companies engaged in industries in accordance
with the government's policy under national strategy to be listed on SET via
market capitalization test. The new criteria will come into effect from May 19,
2021.

SET President Pakorn Peetathawatchai said that SET has reviewed the criteria and
published consultation paper to obtain opinions and suggestions from market
participants on the amendments of listing requirements to support companies in
the target industries, including the technology and innovation development
industries, corresponding to the national strategy. Companies in the target
industries such as digital, biotechnology, nanotechnology, smart electronics,
and next-generation automotive from which the Board of Investment (BOI) has
granted a promotion certificate are eligible for listing on SET via the market
capitalization test, enabling companies with growth potential to access funding
source in the Thai capital market. The amendments are according to SET's
regulatory reform plan.

The proposed rule changes, approved by the Securities and Exchange Commission 
(SEC), aim to promote companies that have been engaged in businesses in
accordance with the government's policy and have a minimum market capitalization
of THB 7.5 billion (approx. USD 239.54 million) along with other specified
qualifications.

Investors and general public please visit www.set.or.th for more information. 
Click "Rules/Regulations" and go to "Regulations - Circular letter".

Target industries
1.    Target industries, as follows:
(1)    Next-Generation Automotive
(2)    Smart Electronics
(3)    Affluent, Medical and Wellness Tourism
(4)    Agriculture and Biotechnology
(5)    Food for the Future
(6)    Robotics
(7)    Aviation and Logistics
(8)    Biofuels and Biochemicals
(9)    Digital
(10)     Medical Hub
 
2.    Technology and innovation development industries , as follows:
(1) Biotechnology Development
(2) Nanotechnology Development
(3) Digital Technology Development
(4)    Advanced Material Technology Development

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