The Stock Exchange of Thailand (SET) is planning to create an entirely new bourse devoted to start-ups, according to SET president, Kesara Manchusree. The new exchange will operate under different regulations to traditional exchanges, and is being created with a view to fundraising and liquidity, allowing companies to be listed the day they are formed. “Companies that want to raise capital can now do so in Thailand,” said Mr. Manchusree, who was speaking at the opening ceremony for the SET.
The Stock Exchange of Thailand (SET) is planning to create an entirely new bourse devoted to start-ups, according to SET president, Kesara Manchusree. The new exchange will operate under different regulations to traditional exchanges, and is being created with a view to fundraising and liquidity, allowing companies to be listed the day they are formed. Expected to be up and running by Q3 2017, the bourse is being seen as a "zero to hero" opportunity for new business.