The Stock Exchange of Thailand (SET) will defer its proposed demutualization as a slated liberalization of the country’s brokerage sector may be postponed, Reuters reports. The Thai government will form a committee to review strategy to develop the SET and the broader capital markets. The government said there was no need to demutualize as the Thai bourse can compete and be developed further without the demutualization. The bourse will reorganize, improve information technology systems and develop new products, SET said.
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