SGX to launch depository receipts for Airports of Thailand, CP All, PTT E&P
SINGAPORE investors will soon be able to buy direct exposure to three of Thailand’s largest listed companies, through newly launched Singapore depository receipts (SDRs).
The Singapore Exchange (SGX) announced on Tuesday (May 23) that it will launch three SDRs under a Thailand-Singapore DR Linkage on May 30. The three Thai stocks are airport operator Airports of Thailand, food retailer CP All and energy play PTT Exploration & Production (PTT E&P).
All are constituents of the benchmark SET50 Index. Airports of Thailand has a weightage of 8 per cent of the SET50, while CP All and PTT E&P each have a weightage of 5 per cent.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Crypto boom, erratic rain spark outages in Laos, Asia’s clean power export hub
Bank of Japan in no rush to sell risky asset holdings
Gold prices set for second weekly gain on Fed rate outlook
China’s first special bond sale likely to see solid demand
HSBC brings out tax tools for UK businesses ahead of new rules
Nelson Loh intends to plead guilty to charges including forgery and cheating