Call to exempt listed firms from tax on M&As

Quick Summary:

The Stock Exchange of Thailand (SET) is to ask the Ministry of Finance to exempt the retrospective tax for merger and acquisition (M&A) deals of listed companies, as part of its moves to boost the sluggish domestic exchange.

But it must be started to put the Thai stock market in the spotlight and increase the bourse's potential in the long term".

A group index, possibly called the SET Jump Plus Index, would be set up if a large number of companies participated in the programme, noted Mr Asadej, adding that this initiative would be implemented from the first half of 2025.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: ThailandChinaSouth KoreaVietnam

Topics: Stock Market Jump+ Stocks Asadej Increase Thailand Thai Investment Companies Listed

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-25 @ 06:07:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 1097 words

Reading Time: 7 minutes read

Sentences: 47 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 24651802

View Article Analysis

About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 18 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 2 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

Publisher Details

Frequently Asked Questions