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Thai Stock Exchange Set to Appoint Three New Vice-Presidents.

Bangkok Post (Bangkok, Thailand)

| August 05, 2002 | COPYRIGHT 2002 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Nuntawun Polkuamdee

Aug. 5--The Stock Exchange of Thailand will appoint three new vice-presidents next month in preparation for the market's corporatisation.

Kittiratt Na Ranong, the SET's president, said the appointments would increase efficiency, with additional work covering debt restructuring for listed firms, information technology and securities supervision.

"We will work closely on debt restructuring with listed firms and companies under the Thai Asset Management Corp," he said.

Another SET executive said that when the agency was demutualised, it would become profitable. It was likely to reduce both subsidies to ...

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