Market for Alternative Investment

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The Market for Alternative Investment (MAI or mai) is a stock exchange of Thailand which was established by the Stock Exchange of Thailand (SET) in 1998 under the Securities Exchange of Thailand Act as an alternative stock market for small and medium sized enterprises. It officially commenced operation on June 21, 1999. It is located in Khlong Toei, Bangkok.

The mai operates independently under the supervision of the SET's board of directors. The mai committee sets its policies and oversees the market's operation and front office duties such as stock listing and public relations. Back office functions, such as the trading system, clearing and settlement procedures, trading surveillance and supervision, as well as disclosure requirements, will be based entirely on existing Stock Exchange of Thailand operations.

Vision[edit]

"We strive to be the right and efficient exchange creating value for high potential, innovative and ventured companies in ASEAN."

Milestones[edit]

November 11, 1998 The Office of the Securities and Exchange Commission approves in principle the establishment of the market for listing securities of small and medium enterprises by the Stock Exchange of Thailand (SET). <references/(Press Release Office of the Securities and Commission Exchange, Thailand No. 72 dated November 12, 1998)>

June 21, 1999 The mai officially commenced operation. The Minister of Finance emphasized the important role of the mai in supporting and strengthening Small and Medium sized Enterprises.

January 16, 2000 Mr. Yuth Vorachattarn is appointed to be the first Managing Director of the mai. His goal is to develop the mai to be an efficient secondary market for Small and Medium sized Enterprises, and to be a modern and dynamic market to promote international best practices for Thai businesses.

April 10, 2000 The mai announces a new listing category, “Section 2: Hi-Growth Enterprises”, to broaden the fund-raising opportunities for firms that had high growth potential even though they were relatively small, such as those in the technology industry.

September 17, 2001 The mai starts official trading. BROOK is the first company to be actually listed on the mai

September 3, 2002 The mai created its Index to provide investors with a valuable tool for understanding stock price movements on the mai. The index's base was the trading value of listed securities on the previous day, September 2, 2002

November 1, 2004 Mr. Vichate Tantiwanich was appointed as the mai's President effective from November 1, 2004 onwards.

May 25, 2005 SET Board approves official Thai name for the Market for Alternative Investment (mai) which will be M-A-I, (pronounced as the 3 individual English letters) instead of "mai" (as in "pi").

February 15, 2006 The Board of Governors of The Stock Exchange of Thailand (SET) appoints Mr. Chanitr Charnchainarong to be the President of the Market for Alternative Investment (mai). (SET Press Release No. 21/2006 dated February 9, 2006)

January 29, 2007 Multibax Public Company Limited is the 50th company to be listed on the mai (mai Press Release No. 3/2007 dated January 29, 2007)

Listed companies[edit]

MAI listed companies as of 4 May 2010:[1]

MAI Symbol Company Market
Capitalization
Official
site
ACAP ACAP Advisory Public Company Limited 750,000,000 [1]
ADAM Adamas Incorporation Public Company Limited 337,146,024 [2]
AGE Asia Green Energy Public Company Limited 952,000,000 [3]
AIM Absolute Impact Public Company Limited 252,000,000 [4]
BGT BGT Corporation Public Company Limited 220,800,000 [5]
BOL Business Online Public Company Limited [6]
BROOK The Brooker Group Public Company Limited [7]
BSM Buildersmart Public Company Limited [8]
CHUO Chuo Senko (Thailand) Public Company Limited [9]
CIG C.I. Group Public Company Limited [10]
CMO CM Organizer Public Company Limited [11]
CPR CPR Gomu Industrial Public Company Limited [12]
CRANE Chu Kai Public Company Limited [13]
D1 Dragon One Public Company Limited [14]
DEMCO DEMCO Public Company Limited [15]
DIMET Dimet (Siam) Public Company Limited [16]
DM Dhanamitr Factoring Public Company Limited [17]
E Evolution Capital Public Company Limited [18]
ETG Eternity Grand Logistics Public Company Limited [19]
FOCUS Focus Development and Construction Public Company Limited [20]
GFM Goldfine Manufacturers Public Company Limited [21]
ILINK Interlink Communication Public Company Limited [22]
IRCP International Research Corporation Public Company Limited [23]
KASET Thai Ha Public Company Limited [24]
KIAT Kiattana Transport Public Company Limited 3,100,000,000 [25]
L&E Lighting and Equipment Public Company Limited [26]
LVT L.V. Technology Public Company Limited [27]
MACO Master Ad Public Company Limited [28]
MBAX Multibax Public Company Limited [29]
PICO Pico Thailand Public Company Limited [30]
PPM Porn Prom Metal Public Company Limited [31]
PR124 124 Communications Public Company Limited [32]
PYLON Pylon Public Company Limited [33]
SALEE Salee Industry Public Company Limited [34]
SIMAT SIMAT Technologies Public Company Limited [35]
SLC Solution Corner (1998) Public Company Limited [36]
STAR Star Sanitaryware Public Company Limited [37]
STEEL Steel Intertech Public Company Limited [38]
SWC Sherwood Chemicals Public Company Limited [39]
TAPAC Tapaco Public Company Limited [40]
TIES Thai Industrial and Engineering Service Public Company Limited [41]
TMW Thai Mitsuwa Public Company Limited [42]
TNDT Thai Nondestructive Testing Public Company Limited [43]
TNH Thai Nakarin Hospital Public Company Limited 1,278,000,000 [44]
TPAC Thai Plaspac Public Company Limited 905,000,000 [45]
TRC TRC Construction Public Company Limited 590,700,000 [46]
TRT Tirathai Public Company Limited 1,537,912,703 [47]
UBIS UBIS (Asia) Public Company Limited 805,600,000 [48]
UEC Unimit Engineering Public Company Limited 1,555,840,000 [49]
UKEM Union Petrochemical Public Company Limited 514,800,000 [50]
UMS Unique Mining Services Public Company Limited [51]
YUASA Yuasa Battery (Thailand) Public Company Limited [52]

See also[edit]

References[edit]

External links[edit]