The Stock Exchange of Thailand (SET) will list depositary receipt (DR) on Alibaba Group Holding Limited (BABA), under the ticker symbol “BABA80” on February 23. BABA80, issued by Krungthai Bank pcl (KTB).
Alibaba Group Holding Limited is a global technology company listed on Hong Kong
Stock Exchange and a leader in e-commerce with subsidiaries in a wide range of
businesses including digital technology, media and entertainment, and logistics.
BABA80’s initial public offering (IPO) opened for subscription during February
DR is a financial instrument that provides investors with the benefits of the underlying foreign shares. DR, thus, offers investors an efficient way to gain exposure to international markets while trading in the Thai baht via existing securities accounts.
For more information on “BABA80” prospectus and depositary agreement, please
visit www.sec.or.th, or KTB the issuer: www.krungthai.com tel: 02-111-1111; or
for additional information on DR, please visit www.setinvestnow.com.