The Business Development Department has vowed to ramp up support for medium-sized wholesale and retail operators listing on the Stock Exchange of Thailand (SET) to raise funds to finance business expansion, in addition to ensuring their good corporate governance.
Poonpong Naiyanapakorn, the department’s deputy director-general, said the department has teamed up with the SET since 2016 to promote medium-sized wholesalers and retailers listing on the SET. In that time, two firms have listed: Thanapiriya based in Chiang Rai and K&K Superstore Southern in Hat Yai.
Mr Poonpong said there are 2-3 potential operators strong enough to potentially list on the SET, but they still need to improve their accounting systems and good governance, as well as transparent management.
There are 213 smart wholesale and retail operators in the pilot project that have the potential to…
