BANGKOK, September 18, 2023 – The Stock Exchange of Thailand (SET) will list depositary receipts (DR) on Singapore Airlines Ltd (SIA) under the ticker symbol “SIA19”. The DR, issued by Yuanta Securities (Thailand) Co., Ltd. will start trading on SET on September 19.
Singapore-listed SIA is a world-class airline named as World’s Best Airline at the 2023 Skytrax World Airline Awards. SIA has experienced substantial growth, along with the tailwind from the recovery of air passenger numbers from the post-COVID-19. Such DR is launched under the cooperation project between Thai and Singapore stock markets.
DR provides investors a choice to diversify portfolio overseas conveniently through the Thai stock market. Investors can trade DR in Thai baht via existing securities accounts, similar to trading Thai stocks.