SG, Thailand launches ASEAN's first 2-way exchange-level depository receipts linkage

Yuanta Securities and Krungthai Bank were the first issuers of DRs on SG-listed companies in Thailand.

Singapore Exchange (SGX) and the Stock Exchange of Thailand (SET) have launched ASEAN’s first two-way exchange-level depository receipts (DR) linkage.

In a speech by SGX CEO Loh Boon Chye, he said the DR linkage will strengthen investment links between the two countries and across ASEAN.

Yuanta Securities and Krungthai Bank were the first issuers of DRs on Singapore-listed companies in Thailand.

SGX and SET will work closely with their brokers and partners to provide investors with more information, including research reports and webinars, to aid their trading and investment decisions.