Initially 30 biggest and most liquid stocks would be brought for cross-border trading.
The countries are the Philippines, Malaysia, Singapore and Thailand
The stock exchange are the Philippine Stock Exchange (PSE), Bursa Malaysia (BM), Singapore Exchange (SGX) and the Stock Exchange of Thailand (SET).The four will be electronically interconnected
Benefits for Philippine companies will be the trading of their listed securities to the 3 ASEAN nation.
Benefits for stock buyers, the possibility of buying stocks of the 3 ASEAN nations like:
1. Malaysia -Maybank, Sime darby, CIMB Group, Public Bank and Maxis
2. Thailand - PTT CHEMICAL PUBLIC COMPANY LIMITED,THE SIAM CEMENT PUBLIC COMPANY
LIMITED,THAI OIL PUBLIC COMPANY LIMITED
3. Singapore - SINGTEL, WILMAR INTERNATIONAL, DBS GROUP of Singapore
This platform will change the landscape of stock trading in our country.
Arnel L. Cadeliña
nelcadelina.blogspot.com
