Thursday 29 September 2022
SET and Krung Thai Bank Continue to develop investment products to meet the needs of all investors. Recently, the launch of a new product, DRx or Fractional DR, is an alternative for investors to easily access world-class securities through the Thai Stock Exchange. DRx can invest with less money. Can be traded either in baht amount or in decimal unit level. First 2 DRx issued by Krung Thai Bank. Based on Apple and Tesla, it will be listed on the stock exchange on September 29.
Mr. Pakorn Pettawatchai Director and Manager The Stock Exchange of Thailand said that the Stock Exchange of Thailand There is an important strategic plan in the development of new products. by trying to meet the investment needs of all investors in every dimension especially the opportunity for investors to access investments both domestically and internationally. Recently launched the Fractional Depositary Receipt, or DRx for short, designed to meet the investment habits of young investors. who want to access world-leading stocks with small investments
DRx is a type of foreign stock option or DR (Depositary Receipt) that is traded on the SET. In which investors will receive benefits as if investing in foreign securities directly But there is a special feature that investors can place orders without having to complete 1 DRx unit (starting at 0.0001 unit) or trading in baht. DRx is also open for trading during the business hours of the underlying securities in foreign markets. To enable investors to track the price movements of the underlying securities and adjust their investments in time, the two DRx that will be traded for the first time are the Apple, Inc.-based AAPL80X and the Tesla, Inc.-based listed TSLA80X. It is listed on the Nasdaq Stock Exchange in the United States. Issued by Krung Thai Bank Public Company Limited, both of these DRx will start trading on September 29, 2022 from 20.00 to 04.00 the next day.
Mr. Phayong Srivanich, President Krung Thai Bank Public Company Limited said that Krung Thai, as the country’s leading commercial bank, Continuously develop financial products and services to meet the needs of customers for both savings and investment in a full range The DRx issuance and offering is based on shares of the world’s leading companies, Apple Inc and Tesla Inc, listed on the NASDAQ stock exchange (NASDAQ). have high growth potential and is familiar to Thai investors By offering to investors through the Stock Exchange of Thailand at the same time, 2 securities are AAPL80X (Apple DRx) and TSLA80X (Tesla DRx).
The Bank focuses on sustainable business practices. Taking into account all groups of stakeholders Reinforcing its market leadership in creating ESG Financial Solutions that are ready to meet the Sustainable Development Goals (SDGs) by developing digital infrastructure to enhance the quality of life for all segments of customers. by bringing innovation to drive the country’s economy towards sustainability Meet the needs of customers for both savings and complete investment. Reduce restrictions and give opportunities for Thai investors especially retail investors You can invest in leading foreign stocks conveniently and quickly through the Stock Exchange of Thailand.
Apple is the world’s leading technology company. To be a leader in continuously developing innovative products to the market such as Mac, iPhone, Apple Watch and iPad, has a strong customer base from the ability to build your own ecosystem, making devices easy to use, meet people’s needs. new model therefore expanding new customer base continuously And can hold customers for a long time, while Tesla is the leader in producing outstanding electric cars in the automotive industry. It is currently the world’s largest electric vehicle (EV) manufacturer. There has been continuous investment to increase efficiency and expand production capacity over the past few years in order to keep vehicle deliveries abreast of the rising market demand. It generates profit margins of up to 25.3% in 2021 and 27.2% in the first six months of 2022 and aims to soar towards a sustainable new world.
For those interested in investing who do not have a brokerage account A DRx trading account can be opened with a brokerage company. For those who already have a securities trading account Just go to the “Streaming by Settrade” application, select “My Menu” and select “DRx” to request to open a DRx trading account. Investors can learn more about DRx at www.setinvestnow.com/drx Or study information on AAPL80X and TSLA80X from the prospectus and terms of rights at the SEC website www.sec.or.th. or a securities issuer Krung Thai Bank Public Company Limited www.krungthai.com call 02-111-1111