behind “Stock Exchange of Thailand” (SET) Launch the board “LiVEx“stock trading board”SMEs – Startup” The latest was in March 65, which was the first time in Thailand for raising funds for small entrepreneurs and startups.
Recently this year, 3 companies have been listed on the LiVEx board, the first of which is Advance Web Service Public Company Limited Digital Technology design and development service provider offering 40 million shares to be traded on the first day of September 9, 65
before entering the tradeBangkok online businessInvite you to understand that the stock marketLife Exchange (LiVEx) What can it do? and is different fromSET” and “MayHow?
- What can LiVEx do?
The Live Exchange (LiVEx) is a fundraising and trading platform designed for SMEs and startups looking to grow. but still lacking the opportunity to expand the business has come to create growth and step into the capital market path and when a business can grow can be upgraded to being listed in the SET and mai as well
- How is LiVEx different from SET and mai?
for the live exchange market It differs from the SET and mai in many respects in that its fundraisers are more flexible. and each group of entrepreneurs Including offering shares that will not be offered to the general public for the Live Exchange board. The details of the difference between LiVEx’s guidelines and SET and mai boards are as follows:
- What benefits do investors get from LifeExchange?
In addition to the benefits to small entrepreneurs such as SMEs and startups, investors will also benefit from this trading board, whether
– Get more complete information Assists in evaluating success for investment in Startup/SME businesses.
– There is a system to ensure confidence in the subscription or investment in Startup/SME businesses.
– More liquidity in trading, changing hands of securities holders more easily
– Able to trade securities as well as payment and delivery of securities through a system that is safer and more transparent than ever.
- Criteria related to trading on LiVEx
Criteria related to trading Prescribed to be traded through members of the SET Only for investors designated by the SEC in the form of prepaid, with shares or enough money for trading
which is open for trading in the Auction style with automatic matching method (Automatic Order Matching: AOM) 1 round per day between 9.30 – 11.00 hrs. with payment and delivery of Gross Settlement within the same day of the trading day (Date T) and Ceiling & Floor and Circuit Breaker are not defined.
“This criterion is open to hearing opinions from stakeholders. and has been approved by the SEC and will be effective from March 31, 2022″
- In conclusion, who can invest in LiVEx?
those who invest in This type of business requires a stable financial position and good investment knowledge. Investors are categorized as follows:
– Institutional investors according to the definition of the SEC, such as banks, securities companies, insurance companies, funds, etc.
– Venture Capital
– Private Equity
– Investors with specific characteristics according to the definition of the SEC Office can be both natural persons and juristic persons. with annual income of not less than 4 million baht or total assets of not less than 50 million baht and having at least 1 year of investment experience
– Retail investors are still unable to invest or trade through LIVE, but the SET will organize training seminars Provide knowledge on investment and risks in SME/Startup business before assessing future readiness
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refer: SET, Bangkok Business, bangkokbiznews