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Stock Market Capitalisation Expected to Double by Year-End in Thailand.
Sep. 3--The Market for Alternative Investment expects its market capitalisation to double to four billion baht by the end of this year as eight new companies are likely to be listed in the next few months.
Siam Future Development, a small retail developer, is scheduled to be listed this month.
Another seven or eight firms were expected to lodge listing applications in the fourth quarter, said Sopawadee Lertmanaschai, the MAI's managing director.
The MAI yesterday hosted a seminar at the Stock Exchange of Thailand to discuss opportunities for small firms in local capital markets. The MAI also introduced a new market index.
Suvarn ...
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