“Despite the receding of the flood, damage of many places, such as schools, temples, health centers, and cultivated land, still harms the livelihoods of people. So, our next obligation is to restore flooded-hit communities, enabling them return to normal life quickly. The fund’s committee cooperates with government units and private organizations to provide aids and relieve sufferings quickly and to complement the victims’ needs,” said SET Chairman Sompol Kiatphaibool.
In addition, the fund also supports the Sustainable Flood Rehabilitation Project, also called the Kla Dee project, conducted by Mae Fah Luang Foundation under royal patronage, which also rehabilitate grassroots people, including farmers, to improve the quality of their lives, return to their normal life quickly and be sustainably self-reliant.
The fund also contributes funds to restore Thammasat University Hospital, procuring medical equipment to replace those damaged by floods, and supports the weeds and garbage collection project in Rumpatew canal of Nong Jok district.
Thai Stock Market Flood Relief Fund was established by the SET together with other capital market organizations. The fund is managed by a committee which includes representatives from the Association of Investment Management Companies, Association of Securities Companies, Capital Market Academy, Federation of Thai Capital Market Organizations, mai-listed Companies Association, Thai Listed Companies Association, The Thai Bond MarketAssociation, The Securities and Exchange Commission and the SET.