Tuesday, February 27, 2024

SET joins hands with SGX Group to move forward the Thailand-Singapore DR Linkage project

Abstract

The Stock Exchange of Thailand and Singapore Exchange Limited have strengthened investment links, allowing investors to access securities of both countries through Thailand-Singapore DR Linkage. This collaboration enhances ASEAN exchange market integration.


Thailand-Singapore DR Linkage Strengthens Investment Opportunities

The Stock Exchange of Thailand (SET) and Singapore Exchange Limited (SGX Group) have expanded investment links through the Thailand-Singapore DR Linkage. This collaboration allows investors to access securities of both countries via depositary receipt (DR), marking the first exchange-level DR cooperation in ASEAN. SET President Pakorn Peetathawatchai is enthusiastic about the enhanced accessibility for Thai investors to trade Singapore securities directly via the Thai stock exchange. SGX Group Chief Executive Officer Loh Boon Chye sees the DR Link as a significant milestone that reflects the commitment to enhance synergies between the markets, emphasizing the region’s sustained growth.

ASEAN’s First Exchange-Level DR Collaboration

The collaborative project commenced in 2021, with three DRs on Thai securities already being traded on SGX, and a DR on Singapore Airlines Ltd. (SIA) debuting on the Thai stock market. Additionally, SET currently has 18 DRs with underlying securities listed on various exchanges, with a total market capitalization of THB 17 billion. The collaboration aims to foster more integrated and accessible ASEAN exchange markets, unlocking more opportunities for investors. Interested individuals can find more information on DR products at www.set.or.th.

Share

Latest Updates

Most Viewed

Related Articles