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New listings fall short of target.

Bangkok Post (Bangkok, Thailand)

| August 01, 2005 | COPYRIGHT 2005 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: Ploy Chitsomboon

Aug. 1--Securities regulators say new stock market listings are likely to fall well short of the 100 companies initially targeted.

Chalee Chanatanayingyong, the senior assistant secretary-general for the Securities and Exchange Commission, noted that only 17 companies had been approved for listing since January.

Many firms approved for listing are expected to delay their market entry to as far as 2006 due to poor market sentiment.

According to the Stock Exchange of Thailand, 15 companies have listed on the main board and four on the Market for Alternative Investment in the first half of the year. New listings in ...

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