(From The Nation (Thailand))
Byline: The Nation.
CORPORATE FIRST AID: SET seeks expanded role
Exchange ready to use Thailand Opportunity Fund and matching fund to inject cash into ailing listed firms
The Stock Exchange of Thailand (SET), wanting to move beyond its regulatory role, has proposed that it act as an intermediary in securing funding for cash-strapped listed companies.
"We [the SET] can play a part in helping those financially troubled firms, as we have two joint venture funds which are ready to pump cash into them," said Sopawadee Lertmanaschai, managing director of the SET's Capital Market Opportunity Centre and the …