Road shows in Mid-East more
successful than expected, says SET
Recent road shows by the Stock Exchange of Thailand (SET)
to give investors in the Middle East information on Thailand’s economic
conditions at present and its outlook produced a more positive result than
expected, according to SET Executive Vice President Santi Keeranant.
He revealed the exchange took road shows to Dubai and Abu Dabhi in the
United Arab Emirates, Doha in Qatar, and Kuwait City in Kuwait from October
10 to 16.
During the road shows, exchange officials met 18 institutional investors
with assets worth over US$500 billion under their management.
They include eight mutual funds, three Islamic banks, five commercial banks,
and two national wealth funds.
Santi said the exchange provided Middle Eastern investors with information
on Thailand’s economic conditions at current and its outlook, investment
opportunities and potential, product data which meets Islamic principles,
and financial instruments.
The road shows drew a more positive response than projected. It is a
starting point for expanding the institutional investor base in the Middle
He said that institutional investors there prefer studying information
carefully and prudently before making an investment decision.
Key issues to which the investors paid attention and questioned most include
transparency, investor protection, and related taxes. (TNA)