Thailand-Singapore DR Linkage to Enhance Cross-Border Investment Opportunities

SET and SGX Group Collaborate on Thailand-Singapore DR Linkage

The Stock Exchange of Thailand (SET) and Singapore Exchange Limited (SGX Group) have announced their collaboration on the Thailand-Singapore DR Linkage project, enhancing investment opportunities for investors in both countries through depositary receipts (DR). The goal is to facilitate access to securities from both countries and create a more integrated and accessible ASEAN exchange market.

SET President Pakorn Peetathawatchai’s Comments

SET President Pakorn Peetathawatchai highlighted the significance of the Thailand-Singapore DR Linkage, calling it the first exchange-level DR cooperation in ASEAN. This collaboration allows Thai investors to access Singapore securities directly via the Thai stock exchange in local currency using their existing trading accounts, and vice versa. The project marks a milestone in the journey towards a more integrated and accessible ASEAN exchange market, fostering bilateral relationships with other exchanges in ASEAN to support the development of DR linkage.

SGX Group CEO Loh Boon Chye’s Perspective

SGX Group Chief Executive Officer Loh Boon Chye expressed delight in the success of the DR Link with SET, emphasizing the collaboration’s contribution to enhancing the competitiveness of the region for sustained growth. The DR Link is seen as a significant milestone that reflects the commitment between SGX Group and SET to enhance synergies between their markets, with plans to introduce more products through this link and unlock more opportunities for investors in the future.