Thailand-Singapore DR Linkage strengthens investment links, allowing access to securities of both countries. 18 DRs are currently listed on SET.
Thailand-Singapore DR Linkage Strengthens Investment Opportunities
The Stock Exchange of Thailand (SET) and Singapore Exchange Limited (SGX Group) have expanded investment links through the Thailand-Singapore DR Linkage. This allows investors to access securities of both countries via depositary receipt (DR), marking the first exchange-level DR cooperation in ASEAN. Thai investors can now access Singapore securities directly via the Thai stock exchange in local currency, while SGX-listed underlying DRs are now traded on SET. The collaboration reflects a commitment to enhancing synergies between the two markets, with plans to introduce more DRs on Singaporean securities.
ASEAN’s First Exchange-Level DR Cooperation Leading to Market Growth
The collaboration between SET and SGX Group has introduced three DRs on Thai securities and one on Singapore Airlines Ltd. on both exchanges, with more in the pipeline. Currently, SET has 18 DRs with underlying securities listed on various exchanges, with a total market capitalization of THB 17 billion. This represents a 28 percent increase from the previous year, highlighting the growth and potential of the Thailand-Singapore DR Linkage. Investors can find more information on DR products at www.set.or.th.