Annual Report 2017

31 Fundraising value and market capitalization of newly listed companies by type of securities in 2017 Fundraising Value Number of Securities Market Capitalization of IPO 92,394 412,463 THB million THB million 38 Common Stock Securities 10,281 10,281 THB million THB million 3 REIT Securities 3,605 3,605 THB million THB million 1 IFF Securities 106,280 426,349 THB million THB million 42 Total Securities SET places importance on promoting the quality of listed companies, starting from the first steps of the listing process, offering “IPO Focus” and “IPO Roadmap” training programs. The activities included one-on-one company visits to guide and help owners and managers understand the key concept of business management, especially the necessary steps to become a listed company by exchanging views and experiences with experts and companies that have already carried out an IPO. SET, jointly with partners such as the Federation of Thai Industries, the Thai Chamber of Commerce, the National Innovation Agency, Bangkok Bank pcl, and Jones Lang LaSalle (Thailand) Limited, helped educate companies with good prospects for listing in terms of restructuring, preparing financial statements, managing internal control systems, and developing investor relations. In addition to assisting newly listed companies, SET has also encouraged listed companies to use fundraising tools to expand their businesses, enhance their potentials, and strengthen their operations. In 2017, 170 SET- and mai-listed companies raised THB 156.51 billion in capital from the secondary offerings (SO), representing a total market capitalization of THB 215.80 billion. These were fundraising for the expansion of large-cap listed companies in various business sectors, consisting of Charoen Pokphand Foods pcl (CPF) in the Food & Beverage sector, Siam City Cement pcl (SCCC) in the Construction Materials sector, and LH Financial Group pcl (LHBANK) in the Banking sector, respectively. 1.2 Expanding business opportunities for startups and SMEs The Stock Exchange of Thailand recognizes the importance of startup and SMEs entrepreneurs in serving as foundation of the new economy, being an important mechanism in the future development of the nation. In line with the government policy, SET fully supports startups and SMEs by increasing their opportunities to access sources of fund and to develop their potential for further business growth. In 2017, SET through its newly established subsidiary named Live Fin Corp Co., Ltd. introduced blockchain technology to develop its LiVE platform, a platform for startups and SMEs to access sources of fund and increase securities trading liquidity more conveniently. SET also promoted listed companies with corporate venture capital (CVC) in investing in startup businesses by joining a network, having a forum for