New stock exchange board for smaller firms considered

This could either be something fantastic if executed correctly or a playing ground for punters…

A stock trading board for smaller companies and startups is currently being considered, says Vorapol Sokatiyanurak, secretary-general of the Securities and Exchange Commission (SEC).

High-yield bonds are also being researched as another possible funding option for small and medium-sized enterprises (SMEs).

The aim is to enable an additional 10,000 companies to access the capital markets by issuing bonds or listing on the new board, which if formed would be the country’s third.

Source: Bangkok Post