Mr. Atsadej Kongsiri, the 14th director and managing director of the Stock Exchange of Thailand (SET), announced the development of the capital market for the public and equality, aiming to push Thailand to become a listing hub of the region. The Stock Exchange of Thailand organized a Meet the Press event for Mr. Asadej Kongsiri, the 14th director and president of the Stock Exchange of Thailand (SET). Before his first friendly conversation with the media after assuming the position, Mr. Asadej invited the media to stand in silence to mourn the victims of the fire incident on a school bus. Mr. Asadet revealed that he is currently preparing an operational plan to present to the meeting of the Stock Exchange of Thailand's board of directors, which is expected to be revealed within this November. However, what he discussed with the media today comes from his personal perspective. He also revealed the core and principles of his capital market management, which are to work for the greater good and equality, whic h is not just equality between investors, but also for all groups. This is what he will continue to do, including: - Fairness: equal balance - Inclusiveness: accessible and comprehensive - Re-imagine: responding to the future and making it competitive - Sustainability: accepting opportunities and challenges from the sustainability trend and Trust and Confidence: enhancing confidence in the Thai capital market. Mr. Asadet said that in the past 2-3 years, it must be admitted that there have been events that have reduced confidence in the Thai stock market. Therefore, his duty is to restore confidence equally and comprehensively. When an event occurs that creates uncertainty or reduces confidence in the capital market, prompt and thorough action must be taken. For example, solving the problem of fraudsters tricking investors into committing suicide as previously reported in the news. In order to build investor confidence, cooperation between the Securities and Exchange Commission (SEC) and the Anti-Money Laundering Office (AMLO) must be continued. 'The Stock Exchange of Thailand should communicate faster and instill simple ideas in the general public before making investment decisions. Think a little, not just elevate listed companies,' said the Stock Exchange of Thailand managing director. There are currently more than 800 listed companies, but many of them are not moving. Therefore, we must think of ways to prevent them from becoming dead boots on the market. Many programs abroad can be good examples. I myself have prepared to present this to the board as well. The role of the Stock Exchange of Thailand is to motivate listed companies to increase their value by encouraging them to think outside the box in order to create value. Mr. Atsadet also revealed that he is currently discussing with his team to create a plan for the Stock Exchange of Thailand to become a 'Listing Hub' or a center for fundraising for companies in the region. However, it is necessary to assess which industries we have the ability or potential to be superior to other stock exchanges and how to make growing foreign companies that want to raise funds think of the Thai stock market, which will require cooperation from other government agencies to support the big picture to be able to reach the goal. At the same time, there is an idea to push the Stock Exchange of Thailand to have a program that can support and encourage Thai listed companies to have a plan to develop and create added value for themselves in order to increase the company's ability to make a profit to shareholders' equity (ROE) and return on investment (ROI) from making the company's balance sheet stronger, including the idea of ??adding new financial products to better meet the needs of investors. It is currently studying the creation of gold options, which investors are currently showing quite a lot of interest in. However, the Thai stock market is currently recovering quite well. If we look at the GDP growth from the beginning of the first quarter until now, it has a good direction. Meanwhile, the government is stable and has issued many measures to support the Thai capital market, such as the Thai ESG tax-deductible fund and the Vayuphak mutual fund. Therefore, overall, there is still a positive view of the Thai economy and stock market for the rest of this year. However, I would like to ask investors to see that the capital market belongs to everyone. I am ready to listen to opinions and believe that everyone has good intentions to develop the capital market in a good way. Source: Thai News Agency

Mr. Atsadej Kongsiri, the 14th director and managing director of the Stock Exchange of Thailand (SET), announced the development of the capital market for the public and equality, aiming to push Thailand to become a listing hub of the region. The Stock Exchange of Thailand organized a Meet the Press event for Mr. Asadej Kongsiri, the 14th director and president of the Stock Exchange of Thailand (SET). Before his first friendly conversation with the media after assuming the position, Mr. Asadej invited the media to stand in silence to mourn the victims of the fire incident on a school bus. Mr. Asadet revealed that he is currently preparing an operational plan to present to the meeting of the Stock Exchange of Thailand's board of directors, which is expected to be revealed within this November. However, what he discussed with the media today comes from his personal perspective. He also revealed the core and principles of his capital market management, which are to work for the greater good and equality, whic h is not just equality between investors, but also for all groups. This is what he will continue to do, including: - Fairness: equal balance - Inclusiveness: accessible and comprehensive - Re-imagine: responding to the future and making it competitive - Sustainability: accepting opportunities and challenges from the sustainability trend and Trust and Confidence: enhancing confidence in the Thai capital market. Mr. Asadet said that in the past 2-3 years, it must be admitted that there have been events that have reduced confidence in the Thai stock market. Therefore, his duty is to restore confidence equally and comprehensively. When an event occurs that creates uncertainty or reduces confidence in the capital market, prompt and thorough action must be taken. For example, solving the problem of fraudsters tricking investors into committing suicide as previously reported in the news. In order to build investor confidence, cooperation between the Securities and Exchange Commission (SEC) and the Anti-Money Laundering Office (AMLO) must be continued. 'The Stock Exchange of Thailand should communicate faster and instill simple ideas in the general public before making investment decisions. Think a little, not just elevate listed companies,' said the Stock Exchange of Thailand managing director. There are currently more than 800 listed companies, but many of them are not moving. Therefore, we must think of ways to prevent them from becoming dead boots on the market. Many programs abroad can be good examples. I myself have prepared to present this to the board as well. The role of the Stock Exchange of Thailand is to motivate listed companies to increase their value by encouraging them to think outside the box in order to create value. Mr. Atsadet also revealed that he is currently discussing with his team to create a plan for the Stock Exchange of Thailand to become a 'Listing Hub' or a center for fundraising for companies in the region. However, it is necessary to assess which industries we have the ability or potential to be superior to other stock exchanges and how to make growing foreign companies that want to raise funds think of the Thai stock market, which will require cooperation from other government agencies to support the big picture to be able to reach the goal. At the same time, there is an idea to push the Stock Exchange of Thailand to have a program that can support and encourage Thai listed companies to have a plan to develop and create added value for themselves in order to increase the company's ability to make a profit to shareholders' equity (ROE) and return on investment (ROI) from making the company's balance sheet stronger, including the idea of ??adding new financial products to better meet the needs of investors. It is currently studying the creation of gold options, which investors are currently showing quite a lot of interest in. However, the Thai stock market is currently recovering quite well. If we look at the GDP growth from the beginning of the first quarter until now, it has a good direction. Meanwhile, the government is stable and has issued many measures to support the Thai capital market, such as the Thai ESG tax-deductible fund and the Vayuphak mutual fund. Therefore, overall, there is still a positive view of the Thai economy and stock market for the rest of this year. However, I would like to ask investors to see that the capital market belongs to everyone. I am ready to listen to opinions and believe that everyone has good intentions to develop the capital market in a good way. Source: Thai News Agency