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Annual Report
2015
Name of entity
Type of business
Country of
incorporation
Ownership interest
%
2015
2014
Thailand Clearing House Co., Ltd.
Clearing house and related
back-office services for securities
and derivatives contracts
Thailand
100.00
100.00
Joint venture entity
Family Know-how Co., Ltd. (1)
Media business specialising in financial
and investment information
Thailand
50.00
50.00
Associates
Clearing Fund (2)
Fund
Thailand
12.80
14.03
TSFC Securities Public
Company Limited (3)
Securities financing services and
securities borrowing and lending
Thailand
40.65
40.65
(1) Family Know-how Co., Ltd.
Family Know-how Co., Ltd. is a media company that
broadcasts information about economics and investment for
the benefits of investor. The business of Family Know-how
is support to the objectives of the SET group in promoting
an investment culture. The SET has performed joint arrangement
with a company which have rights to the net assets of the
arrangement. Therefore the investment in Family Know-how
is classified as investment in joint venture entity.
Family Know-how Co., Ltd. is a private limited company
and its stock is not traded in the market price.
(2) Clearing Fund
The Clearing Fund operates under the Regulations of the
Clearing Fund (No. 1) B.E. 2541, which require that a one-time
payment of Baht 100 million be made as an initial contribution
by the SET. The ownership interest percentage will be reduced
based on further contributions made by other members of the
Clearing Fund in the future. The SET has no control over the
Clearing Fund’s operations, but has influences in policy and
operation. Therefore, the investment in the Clearing Fund is
classified as investment in an associates.
(3) TSFC Securities Public Company Limited (TSFC)
TSFC Securities Public Company Limited has been
established to provide liquidity for securities companies and
to support to the further development of securities market.
The SET has appointed 4 representatives to be member of the
12-member Board of Directors of TSFC. The Board of Directors
will participate in the decision-making on monetary policies
and operations of the company. Therefore, the investment in
TSFC is classified as investment in an associates.
TSFC Securities Public Company Limited is a public
company and its stock is not traded in the market price.
2. Accounting policies
2.1
Basis of preparation
The consolidated and entity financial statements have
been prepared in accordance with Thai Financial Reporting
Standards under the Accounting Act B.E. 2543, being those
Thai Financial Reporting Standards issued under the Accounting
Profession Act B.E. 2547.