Phillip Securities Expands Thai-Singapore DR Linkage with Introduction of Five New Thai Blue-Chip Companies

The five new companies are Delta Electronics, Gulf Energy, Kasikorn Bank, Advanced Info Service and Siam Cement

SINGAPORE, 1 April 2024 – Phillip Securities, a member of PhillipCapital, has announced the introduction of five new Thai blue-chip companies to be part of the Thai-Singapore Depository Receipts (Thai-SDR) Linkage today, following the success of the initial batch of SGX Thai-SDR launched last year.

The five new Thai blue-chip companies are Delta Electronics, Gulf Energy, Kasikorn Bank, Advanced Info Service and Siam Cement, adding to the original list of Airports of Thailand, CP ALL, and PTEP. With this development, the total number of Thai-listed securities available on SGX will increase to eight. This expansion will provide investors with a broader range of stocks to diversify their portfolios and refine their investment strategies.

This collaborative effort between Phillip Securities and SGX Group has enabled investors to trade securities listed on other exchanges directly on SGX, significantly enhancing accessibility and investment opportunities.

Mr Luke Lim, Managing Director of PhillipCapital, said: “At PhillipCapital, we are fuelled by our desire to serve our Singapore investors better, and we recognise that today, investors have a wide range of investment choices as well as high expectations on potential trading opportunities. The Thai-SDR is one such interesting investment proposition, and it offers Singapore investors new opportunities to invest in the Thai market. We had launched Thai-SDR in May 2023, and we are adding more Thai companies for our clients’ selection.”

Given Thailand’s robust manufacturing base and projected gross domestic product (GDP) growth, the country has emerged as an appealing destination for investors seeking exposure to its dynamic economy. The availability of Thai-SDRs on the SGX platform offers investors access to some of its region’s largest conglomerates, presenting an attractive opportunity for those keen on investing in prominent Thai companies. For more information about the Thai-Singapore Depository Receipts (Thai-SDR), please see Annex A below or visit https://www.poems.com.sg/singapore-depository-receipts/.

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About Phillip Securities

A member of PhillipCapital, Phillip Securities Pte Ltd offers a comprehensive suite of financial products and services including broking in securities, futures, foreign exchange, bonds, precious metals and commodities, unit trusts, contracts for difference, exchange-traded funds; fund management, managed accounts, insurance planning, regular savings plan, investment research, equity financing and property consultancy. Institutions can also benefit from our corporate finance and advisory services as well as information technology solutions.

Since its inception as a stockbroker in 1975, PhillipCapital has grown into an integrated Asian financial house with a global presence and offers a full range of quality and innovative services to retail and high-net-worth individuals, family offices, as well as corporate and institutional customers. In 1996, Phillip Securities became the first retail broker to launch POEMS, an online trading platform and changed the way investors trade in Singapore.

Today, PhillipCapital headquartered in Singapore, operates in the financial hubs of 15 countries, including offices in Australia, Cambodia, China (and Hong Kong SAR), India, Indonesia, Japan, Malaysia, Singapore, Spain, Thailand, Turkey, UK, UAE, USA and Vietnam, serving over 1 million clients with Assets Under Management of total more than USD 50 Billion.

Find out more about us here https://www.phillip.com.sg/ and our award-winning trading platforms here https://www.poems.com.sg/.

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Annex A

Name	SGX Code	Business	SDR: Underlying Ratio (NVDR’)
Airports of Thailand TH SDR	TATD	World’s largest airport operator, runs 6 International airports in Thailand with >80% air traffic	1:1
CP ALL TH SDR	TCPD	Exclusive operator of 7-Eleven chain in Thailand, Cambodia and Laos	1:1
PTEP TH SDR	TPED	ASEAN’s largest listed exploration and production petroleum company	1:1
Delta Electronics TH SDR	TDED	Largest electronics manufacturer in Thailand	1:1
Gulf Energy TH SDR	TGED	Thailand’s leading energy producer with businesses in conventional and renewable power generation	1:1
Kasikorn Bank TH SDR	TKKD	Best domestic bank 2023 and top traded bank on SET	1:1
Advanced Info Service TH SDR	TADD	Thailand’s largest telco conglomerate, partially owned by SingTel	10:1
Siam Cement TH SDR	TSCD	ASEAN’s largest conglomerate in industrial material	10:1