SET strengthens social enterprises via 2nd SET Social Impact Gym

Stocks and Financial Services Press Releases Monday June 18, 2018 08:57
Bangkok--18 Jun--SET

The Stock Exchange of Thailand (SET) together with Market for Alternative Investment (mai) and mai Listed Company Association (maiA) will organize the SET Social Impact Gym 2018 project for the second consecutive year to firm up social enterprises (SEs) for the benefit of the society.

Dr. Krisada Sektrakul, SET Senior Executive Vice President - Head of Capital Market Education Division and Sustainable Development Division, said that The Thai capital market has continued to promote quality growth among SMEs, Startups, and SEs with synergy to significantly move the economy and the country forward, realizing that side-by-side growth of the private sector and the society will help achieve sustainable development. In line with SET's "To Make the Capital Market 'Work' for Everyone" vision, the project can boost the potential and the strong expansion of SEs through the collaboration of company executives who have agreed to share their experiences on how to run successful businesses. This year, 25 mai-listed companies will act as coaches for 19 participating SEs for six months.

The first SET Social Impact Gym project launched last year was a success and more than half of participating SEs could boost their potential and keep up cooperation with listed firms. The project is the expansion of the SET Social Impact, which is a platform designed to connect the capital market with SEs. Currently, 61 listed companies and 67 SEs are active on this platform.

Dr. Charnkrit Dejpitak, President of mai Listed Company Association (maiA), added that the association has shared knowledge and experience with participants in the SET Social Impact Gym from the start. This year, more listed companies have expressed interest in participating in the project as they recognize the importance of sharing their knowledge with new up-and-coming players. They are willing to help and delighted to see new entrepreneurs grow on a solid base with positive outcome for the society and the country as a whole.

For more information, please contact www.setsocialimpact.com or check out Facebook: SET Social Impact.

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