Thai Stocks News

10 state-backed firms ready to list on SET, MAI

More than 10 subsidiaries of local state enterprises have strong potential to list on the Stock Exchange of Thailand or the smaller Market for Alternative Investment, says a senior SET executive. The companies are on a shortlist of firms to float on the capital market and have the Finance Ministry’s support to do so, said Vichate Tantiwanich, chief marketing officer for issuers and listings at the SET.

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