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SEC revises Turnover List criteria



Friday 14 November 2014 | No. 166 / 2014



Bangkok, November 14, 2014 ? The SEC revised the criteria for Turnover List preparation to better reflect current market environment. On December 4, 2014, the first Turnover List prepared under the said criteria will be announced.

Vorapol Socatiyanurak, SEC Secretary-General said, ?Under the revised criteria,  all shares having high turnover ratio will be listed on the Turnover List as the limit of top 50 SET-listed shares and top 5 mai- listed shares will be removed, respectively. Furthermore, listing of any shares on the Turnover List will result in listing of warrants on those shares, as well.   In this regard, less complex formula will be used in calculation without causing major difference on the outcome.

Since 2004, the Turnover List has been launched to provide investors with information for their investment decision while the List can also be of use for securities companies? risk management.  Considering that Thai capital market has been developed with significant growth rate over the past decade, however, the SEC decided to revise the criteria for the Turnover List preparation. This is to serve as a precaution for risk management and investment in securities with high turnover ratio, in consistence with the current market conditions. Moreover, as the SEC aims to enhance investors? knowledge and encourage them to make prudent investment decision based on proper information, the new criteria are expected to provide ease-of-use market data for all relevant parties. The revised criteria will apply to preparation of the Turnover List to be announced as from December 4, 2014. If you wish to learn of more details, please visit the SEC website ? www.sec.or.th.?