The Securities and Exchange Commission (SEC) plans to amend the listing regulations for small and medium-sized enterprises (SMEs), aiming to provide them more opportunity to raise funds from the capital market. A possible revision of listing rules for SMEs will be an agenda item for a meeting between the SEC and the SET on June 1. Current listing regulations require a company to have an operational track record for at least three years before listing on the SET, along with continuous three-year net profit. Ms Ruenvadee said the SME listing regulations should be flexible, but further discussions on demand for listing and opinions from intermediaries, such as the SET, financial advisers and investors, are needed. A full 513 listed companies were found to have registered net profits, accounting for 76.8% of all listed companies that reported, said Mr Manpong.
Source: Bangkok Post May 27, 2019 22:52 UTC