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published 2 months, 4 days ago, submitted by tictac 2 months, 6 days ago

bangkokpost.com — The Stock Exchange of Thailand hopes to finalise plans for its new 8.25-billion-baht matching fund programme sometime next week. Officials hope that the matching funds, involving capital from the SET, listed companies, private investors and financial institutions, can help support the ailing equity market, which has seen lost more than half its value this year due to the global financial crisis. Vichate Tantiwanich, a SET executive vice-president, said the new matching funds would offer greater flexibility than an earlier programme involving local asset management companies.

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