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Monday, May 13, 2024

Singapore starts trading in Thai depositary receipts

SET president Pakorn Peetathawatchai (Photo: Stock Exchange of Thailand)

The Singapore Exchange (SGX) on Tuesday started trading in depositary receipts (DR) of three securities listed on the Stock Exchange of Thailand (SET).

SET president Pakorn Peetathawatchai said the trading resulted from the Thailand-Singapore DR Linkage project of SET and SGX to expand investment opportunities and improve investors’ access to the stock exchanges in both countries.

DR trading on the SGX started with DRs linked to the shares of Airports of Thailand Plc (AOT), convenience  store operator CP ALL Plc (CPALL) and PTT Exploration and Production Plc (PTTEP), the oil and gas drilling arm of PTT Group.

“The Thai capital market lists many companies…

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