The Stock Exchange of Thailand has accepted the registration of three new foreign depositary receipts (DRs), increasing investment opportunities in Japanese stocks through the Thai stock market, issued by Yuanta Securities (Thailand), which will begin trading on 5 September.
There are 3 new DRs to be listed, referencing stocks listed on the Tokyo Stock Exchange in Japan, as follows:
‘HONDA19’ refers to the stock of Honda Motor Co., Ltd., a manufacturer and distributor of motorcycles, automobiles, engines, and other products with main markets in Japan, North America, Europe, and Asia.
‘MITSU19’ refers to the stock of Mitsubishi Heavy Industries, Ltd., a leading engineering company in the manufacturing of industrial machinery, air conditioners, power plants, commercial and defense aircraft and ships, technology and equipment related to space exploration, with over 300 subsidiaries worldwide.
‘MUFG19’ refers to the stock of Mitsubishi UFJ Financial Group, Inc., a leading financial institution with a glob
al banking network and a major shareholder of Bank of Ayudhya.
DR is an instrument that gives investors the opportunity to receive benefits similar to owning foreign securities. Investors can buy and sell through securities trading accounts in Thai baht. Those interested in studying the details of DR and 3 new securities can visit the SEC website at www.sec.or.th or the securities issuing company, Yuanta Securities.
Source: Thai News Agency