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Fund Approves New Stock Exchange of Thailand Investment with Reserves.
Byline: Wichit Chantanusornsiri
Apr. 1--The Vayupak Fund has approved the use of a 30-billion-baht reserve for new investments in securities listed on the Stock Exchange of Thailand.
But the fund investment committee, chaired by Somchainuk Engtrakul, finance permanent secretary, agreed to limit investments to only stocks of private companies and state firms that the ministry already has a shareholding in.
The 100-billion-baht Vayupak Fund was established last year as a new investment vehicle for the public. Some 70 billion baht in funds raised from the initial offering was used to purchase shares of listed state enterprises and private ...
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