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Annual Report
2015
Connecting with foreign countries
SET has been playing an active role as a GMS Connector
in business fundraising and investing among the Greater Mekong
Subregion (GMS) countries, comprising Cambodia, Laos, Myanmar,
Thailand and Vietnam. In 2015, two Vietnamese companies were
listed on SET as holding companies: PM Thoresen Asia Holdings
pcl and Amata (Vietnam) Joint Stock Company. Moreover, MFC
Industrial Real Estate Investment Trust (MIT) was also listed as the
first REIT to invest in foreign assets with a leasehold investment
in a data center in the U.K. SET continued to drive the listing of
other types of foreign companies in more varieties of investment.
In 2015, the additional guideline for accepting foreign companies
to be listed on SET as primary listing for its first time, was in ef-
fect as well as for the listing of infrastructure trust for companies
with investment in foreign infrastructure projects such as power
plant and telecommunications system, etc.
In addition, SET continued to enhance cooperation and capital
market’s knowledge-based activities among GMS countries,
while exchanging expertise in various dimensions as follows:
In 2015, SET organized the Capital Market Academy
(CMA)’s exclusive program called “CMA GMS Program,”
for the first time, to encourage the exchange of knowledge
and experience among 50 senior executives from GMS
government and private sectors, in Bangkok, Thailand,
as such creating a springboard for capital markets’ joint
development. SET also participated in the 3
rd
GMS
Capital Market Education Forum in Hanoi, Vietnam to
exchange knowledge and know-how in the development
of capital markets in various dimensions. In addition,
the GMS Professional Education Working Committee also
prepared knowledge standards for Equity Investment
Consultants, enabling each country to apply such
standard as a framework to further raise the level of
professional knowledge.
SET, jointly with the IMF Regional Office for Asia and the
Pacific, organized the GMS Workshop, to implement next
steps of the annual GMS Exchanges CEOs meeting. The
participants were GMS senior executives from the ministry of
finance, the central bank, including capital market regulators,
sharing experiences in creating fundraising opportunities,
linking investments across markets, and optimizing clearing
and settlements, to get ready for the business expansion in
the region.