SET signs MoU with Oslo Stock Exchange, renews MoU with Chittagong Stock Exchange

Stocks and Financial Services Press Releases Thursday September 7, 2017 15:47
Bangkok--7 Sep--SET

The Stock Exchange of Thailand (SET) and Oslo Stock Exchange (OSE) of Norway today signed a memorandum of understanding (MOU) to synergize efforts on capital market development and business opportunities between the two countries, including listing, trading, products and services development, roadshow and information sharing. SET also renewed the MoU with Chittagong Stock Exchange (CSE) to continue the co-operation between the two exchanges.

SET President Kesara Manchusree said, "The inaugural MoU between SET and OSE, spanning five years from today, underscores SET's mission in connecting Thailand and the region to the world. The MoU aims to foster closer collaboration including exploring a framework to promote secondary listing on another party's exchange and product development such as depository receipts (DRs) and exchange traded funds (ETFs) with Thai or Norwegian underlying. It also encompasses seeking the possibility of the cross-trading of securities, arranging investment activities to expand opportunity for investors, as well as information sharing."

"For the Oslo Stock Exchange, it is exciting to further expand our international scope by entering into this MoU with The Stock Exchange of Thailand," says Bente A. Landsnes, president and CEO of the Oslo Stock Exchange. "Co-operating on important strategic areas for both exchanges will mutually strengthen our two markets and benefit issuers who wish to expand their investor base."

Furthermore, SET also renewed the MoU with Chittagong Stock Exchange (CSE) today (Sept 7) for another five years. The MoU between SET and CSE started in 2002 to promote knowledge and expertise sharing regarding the products and services, encompassing the seeking of products and services development possibilities, as well as promoting business opportunities.


Latest Press Release

Photo Release: MOU signing of 4 ASEAN capital market regulators in launching ACMF Pass Project

4 ASEAN Executives of capital market regulators of Malaysia, Philippines, Singapore, and Thailand signed a Memorandum of Understanding (MOU). The "ACMF Pass Project" allows licensed professionals to provide advisory services within participating ASEAN...

Fitch Affirms TASCO at #A-(tha)#/Stable and Withdraws Ratings

Fitch Ratings (Thailand) Limited has affirmed Tipco Asphalt Public Company Limited's (TASCO) National Long-Term Rating at 'A-(tha)' and its National Short-Term Rating at 'F2(tha)'. The Outlook is Stable. Fitch has simultaneously chosen to withdraw...

PSP Investments welcomes new investment partners to Forth Ports

The Public Sector Pension Investment Board ("PSP Investments") is pleased to announce the closing of the Forth Ports Limited transaction. PSP Investments has sold minority stakes in Forth Ports Limited to long-term investment partners, including GLIL...

Prudential presents Nong PRU Nong DEN animated LINE stickers Available for free download today!

Prudential Life Assurance (Thailand) Public Company Limited introduces "Nong PRU & Nong DEN" animated LINE stickers under the concept "#nomoreboringmondays", to bring users up-to-date news and activities via the highly popular LINE Prudential...

KTC joins JCB giving Points X 5 to cardmembers who shop in leading department stores.

Mr. Nattasit Soontranu, Vice President - Credit Card Business, "KTC" or Krungthai Card Public Company Limited, in association with Ms. Tharinee Wongwattanan, Marketing Manager, JCB International Thailand Company Limited, give special privilege of points...

Related Topics