FIVE new Singapore Depository Receipts (SDRs) which are linked to blue-chip companies in Thailand were listed on the Singapore Exchange (SGX) on Monday (Apr 1).
The five companies are: telco conglomerate Advanced Info Service, power-systems producer Delta Electronics, energy producer Gulf Energy, industrial materials conglomerate Siam Cement, and Kasikornbank.
Their listings follow the introduction of three SDRs on the SGX in May 2023 under the Thailand-Singapore Depository Receipt Linkage.
Together, the eight Thai SDRs cover more than 40 per cent of the Stock Exchange of Thailand (SET) across various sectors.
Phillip Securities, the issuer of all eight SDRs, said that the expansion will provide investors with “a broader rang…
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