SET to list Alibaba DR "BABA80" on Feb 23

Wednesday 23 February 2022 09:36
The Stock Exchange of Thailand (SET) will list depositary receipt (DR) on Alibaba Group Holding Limited (BABA), under the ticker symbol "BABA80" on February 23. BABA80, issued by Krungthai Bank pcl (KTB).

Alibaba Group Holding Limited is a global technology company listed on Hong Kong Stock Exchange and a leader in e-commerce with subsidiaries in a wide range of businesses including digital technology, media and entertainment, and logistics. BABA80's initial public offering (IPO) opened for subscription during February 14-17, 2022.

DR is a financial instrument that provides investors with the benefits of the underlying foreign shares. DR, thus, offers investors an efficient way to gain exposure to international markets while trading in the Thai baht via existing securities accounts.

For more information on "BABA80" prospectus and depositary agreement, please visit www.sec.or.th, or KTB the issuer: www.krungthai.com tel: 02-111-1111; or for additional information on DR, please visit www.setinvestnow.com.

Source: SET Corporate Communications