SET News :SET revises listing criteria to attract New Economy and foreign companies, effective September 11, 2026

The Stock Exchange of Thailand · 1d ago
SET News 67/2026
September 4, 2026
SET revises listing criteria to attract New Economy and foreign companies,
effective September 11, 2026
BANGKOK, September 4, 2026 - The Stock Exchange of Thailand (SET) has amended
listing criteria to better align with the new economic landscape and
international practices. The revision opens up opportunities for New Economy
companies, both domestic and foreign, across 10 target industry groups, such as
Medical and Healthcare Advances, Next-Generation Automotive, and Smart
Electronics, as well as companies promoted by the Board of Investment (BOI) and
the Eastern Economic Corridor Office (EEC), and leading foreign companies, to
raise funds in the Thai capital market, while maintaining the same standards of
quality, financial standing, and information disclosure.
SET President Asadej Kongsiri said that over the past 30 years, the business
structure of listed companies in the Thai capital market has hardly changed,
while the New Economy industries have been growing exponentially and require
truly accessible sources of funding. This revision of the listing criteria marks
a significant step in elevating the Thai capital market in line with the 3-year
strategic plan (2026-2028) under the vision of 'The Trusted Gateway to
Inclusive Opportunities'. The new criteria will facilitate faster and more
convenient fundraising for companies promoted by the BOI and EEC, as well as
leading international companies, while maintaining the same quality standards.
Notably, it paves the way for opportunities among Thai investors to grow
alongside these industries of the future.
These criteria have undergone consultation with related stakeholders and have
already received approval from the Securities and Exchange Commission (SEC)
Board. They will take effect from September 11, 2026 onwards, with the key
changes summarized as follows:
1. Revised qualification criteria for companies in 10 new economy industries to
enhance SET's attractiveness as a fundraising and listing venue, along with
establishing a "Special Track" to support companies promoted by the BOI and the
EEC.
2. Revised the public offering criteria for foreign companies that have already
raised capital and are listed on foreign stock exchanges, enabling them to apply
the Secondary Listing criteria, in line with the fundraising needs of companies
in this group. The proportion of shares held by foreign companies will be
maintained to ensure adequate trading volume and liquidity in SET. However,
foreign companies listed in an Unrecognized Country* must still meet the same
qualifications as Thai listed companies in terms of quality, financial standing,
operating performance, free float, and information disclosure requirements
under current criteria.
(*A foreign company having ordinary shares listed in foreign exchange that is
not among the country recognized by the Securities and Exchange Commission.)
3. Revised "Silent Period" requirements, covering both the proportion and
duration of the Silent Period applicable to all listed companies, to better
align with the international standards. Strategic Shareholders will still be
required to maintain their shareholding for an appropriate period following
listing, thereby maintaining investor confidence.
For details on the revised criteria, please visit SET website at
https://www.set.or.th/en/rules-regulations/circulars under the headings
"Rules/Regulations" and "Rules - Circulars Letters Concerning Listed Securities"
entitled "Revision of the Listing Criteria to Attract High-Potential Companies
to List on the Stock Exchange of Thailand".
Note: The 10 target industry groups (New Economy) consist of: 1. Advanced
Agriculture & Food, 2. Biofuels & Biochemicals, 3. Medical and Health Advances,
4. Creative Tourism, 5. Next-Generation Automotive, 6. Aviation & Logistics, 7.
Digital & E-Commerce, 8. Smart Electronics, 9. Robotics, 10. Technology and
Innovation Development, such as Biotechnology, Nanotechnology, Digital
Technology, and Advanced Material Technology.
"SET...The Trusted Gateway to Inclusive Opportunities"
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