The ASEAN Exchanges signed a Memorandum of Understanding (MOU) today to collaborate on offering Depositary Receipts (DRs) on their respective exchanges, enhancing investment opportunities for domestic investors across the region.
The MOU marks a significant milestone in promoting ASEAN as an attractive investment hub. This collaboration aims to develop market and regulatory frameworks for issuing and trading of DRs, information sharing, engagement with market regulators and participants, and profiling of listed companies.
[L-R: Iman Rachman, President Director, Indonesia Stock Exchange; Datuk Muhamad Umar Swift, Chief Executive Officer, Bursa Malaysia; Ramon Monzon, President & Chief Executive Officer, Philippine Stock Exchange; Loh Boon Chye, Chief Executive Officer, SGX Group; Asadej Kongsiri, President, The Stock Exchange of Thailand]
[virtual: Nguyen Tien Dung, Deputy CEO, Vietnam Exchange]
A panel discussion was held after the MOU signing, where the leaders shared the role of ASEAN Exchanges in supporting the region’s growth with members of the World Federation of Exchanges (WFE). Each exchange highlighted recent developments in improving capital raising efficiency, attracting foreign participants, and expanding investment options for the retail segment. The ASEAN Exchanges also discussed common initiatives aimed at making the region more competitive, highlighting the focus on sustainability and regional market connectivity.
The ASEAN Exchanges thank the WFE and its members for witnessing the MOU ceremony and for the interest in the panel discussion.
[L-R Panel Discussion: Loh Boon Chye, Chief Executive Officer, SGX Group; Datuk Muhamad Umar Swift, Chief Executive Officer, Bursa Malaysia; Ramon Monzon, President & Chief Executive Officer, Philippine Stock Exchange; Asadej Kongsiri, President, The Stock Exchange of Thailand; Iman Rachman, President Director, Indonesia Stock Exchange]
