Securities Exchange Formation Committee SEFC

In 1971 few months after starting work at TISCO  Chumpol Na Lamlieng assigned me to attend the meetings of the newly formed Securities Exchange Formation Committee. It was charged by the Thai Government to study the establishment of a viable stock exchange to promote the capital market in Thailand. It was chaired by Dr. Amnuey Virawan. We worked to draft the Securities Exchange Act of Thailand, the trading method on the exchange, the capital gains exemption for individuals and the tax reductions for companies willing to List on the exchange.