SET President Kesara Manchusree said, "Since 2008, SET and TPEx have established and enhanced collaboration to synergize concerted efforts on capital market development between the two exchanges. The renewed MoU, with five-year term starting from November 1, 2016, will facilitate knowledge and experience sharing, especially nurturing growth among small and medium enterprises or SMEs and bond market, which is in line with SET's plan, while TPEx's has long experience in bond over-the-counter market. The MoU also outlines closer cooperation to jointly develop new products and services including, facilitating the dual-listing, as well asstudying the possibility of developing gold and mutual fund platform and cross-listing other financial instruments such as depository receipts and others. Both exchanges will also develop networking mechanisms and business matching activities for market participants."
Li-Chen Chang, Managing Director & CEO of TPEx, commented, "This agreement is intended to promote mutual benefits in developing securities markets in both countries. I believe that closer cooperation between TPEx and SET will complement and facilitate the development of both financial markets and further enhance the economic ties between Taiwan and Thailand."
SET "The 5th Decade of Sustainable Wealth for Thais"