SET accepts DR securities, instruments representing rights in foreign securities. That refers to Singapore Airlines shares issued by Yuanta Securities. It will begin trading on the stock exchange on September 19, using the stock trading abbreviation "SIA19".
DR “SIA19” has the underlying securities being ordinary shares of Singapore Airlines Company Limited (Singapore Airlines), which is listed on the Singapore Stock Exchange. It is a world-class airline with growing operating results. There is a supporting factor: passenger volumes recovering after COVID. DR “SIA19” has its first offering of investment units on September 11-15, 2023 and will begin trading on the Stock Exchange. From September 19, 2023 onwards, the said DR is part of a collaborative project between the Thai and Singapore Stock Exchanges.
DR is an instrument in which investors have the opportunity to receive benefits similar to holding foreign securities. Investors can trade through their securities trading account with baht. DR will open for continuous trading throughout the trading hours of the stock exchange.
Interested persons can study the details of DR “SIA19” at the SEC website www.sec.or.th. or securities issuing company Yuanta Securities (Thailand) Company Limited www.yuanta.co.th Or learn more about DR products at www.setinvestnow.com -Thai news agency
Source: Thai News Agency