The Stock Exchange of Thailand has developed a plan for the period 2024-2026, establishing 3 guiding principles to support confidence in the Thai capital market – increasing competitive potential.

The Stock Exchange of Thailand has developed a plan for the period 2024-2026, establishing 3 guiding principles to support confidence in the Thai capital market – increasing competitive potential.

Mr. Pakorn Pitatawachai, Director and Director, Stock Exchange of Thailand With reference to the stock exchange’s operational plan for the years 2024-2026, it will focus on achieving the goals within this concept of creating a high-quality capital market towards sustainable growth through development directives in 3 areas consisting of: The first area: Raising confidence In the capital market. By enhancing the quality and tools necessary to protect investors. And developing tools to analyze and monitor the quality of companies listed and traded on the stock exchange. Ready to establish a financial health check, surveillance prevention and analytics (SPA) system and cooperate with partners such as the Thai Bond Market Association (ThaiBMA) to link debt instrument data of listed companies. To be used for faster processing, there is also a plan to use Al technology to detect false news that deceives investors and is spread through social media. Warning investors through various channels of the stock exchange and informing the Anti-Fake News Center to continue warning the public. Including developing a notification system for social media workers to remove fake news and close fake pages. To prevent further damage, it is expected to be operational during the fourth quarter of 2024.

The second aspect: enhancing competitiveness. Focus on increasing interest and attracting investment. Support companies in industry clusters that have the potential to be listed on the stock exchange (target industries) only in the target industry cluster which is the digital industry. The health, agriculture and food industries, working with partners, are ready to use technology to increase service efficiency for both companies that will raise funds and listed companies, such as One Report and the digital IPO system, and continuously support the work of listed companies, including the development of the LiVE platform for SMEs. / Start-ups to be able to operate easily In addition, there are plans to increase investment options to suit each group of investors (more options) by developing new alternative products in line with the characteristics of the new generation of investors, such as small-cap Thai stocks, in addition to the conditions The market is preparing interests in risk management, such as the Inverse ETF, to extend the trading period of securities. Improving the development of new indicators

Zone 3 supports the orientation towards sustainability, and consists of 1. The environmental aspect. (Environmental) aims to provide knowledge to listed companies through the SET ESG Academy project and develop ESG infrastructure through the Climate Stewardship Collaboration Platform and SET Carbon projects, which are extension projects from the ESG Data Platform. In addition, there are plans to collaborate with partners We are global in raising the level of SET ESG assessment to global standards 2. The Social (Social) aspect focuses on developing entrepreneurs who are family businesses (family businesses) and social enterprises (social enterprise) by connecting more family businesses to the direct platform including knowledge dissemination Muli-jobber & Freelance Investment Group and 3. Corporate governance, with an emphasis on knowledge and understanding of the capital market and supervision of the trading of securities on a stock exchange. For employees involved in the justice process and supporting the creation of laws or regulations that benefit the capital market. Willingness to develop the organization to meet the needs of the new generation and create an organizational culture that is more flexible and prepared to deal with change.

As for concerns about building confidence in the Thai capital market and the issue of examining naked short selling (selling shares without actually having them in the portfolio), which were mentioned through various media outlets, stressing that the stock exchange, in cooperation with the Securities and Exchange Commission (SEC), is trying to resolve this issue. The problem is prevented by putting in place measures to supervise the entire process. Starting by registering and trading, including publishing various information for investors to obtain more information. But at this time, the various procedures have not yet been completed. Especially with regard to trading supervision. The Stock Exchange attaches great importance to this matter. Investment conditions are checked and monitored throughout the day. Every movement that happened during the day can be seen. But in the past, we have not yet found naked short selling or any mistake as we mentioned, what is important is how to prevent misdirection of investments. The guiding principles for future prevention are: Providing information to investors quickly, timely and comprehensively. Providing information to investors is the key to solving all investment problems such as lawsuits and illegal actions. In the future, the stock exchange aims to disseminate information to investors in as many areas as possible. In addition to being beneficial to existing investors, it also encourages new generations of investors to gain knowledge and understanding about starting to invest.