KEX listed on 3 SET indices
published : 25 Dec 2021 at 04:00
newspaper section: Business
Kerry Express Thailand (KEX) has been listed on three of the country's major indices: the SET100, SETTHSI and SETWB indices.
Alex Ng, chief executive of KEX, said following the company's listing on the Stock Exchange of Thailand (SET) at the end of 2020, the firm has been actively working toward its commitment to help improve Thailand in many areas.
"We are committed to and have given importance to all our stakeholders. We are aware of our role as a medium to deliver to consumers," said Mr Ng.
"We care for every one of our employees, who are considered as a front line for safe delivery to customers. We also care for society as a whole, especially during the Covid-19 pandemic through various parcel deliveries such as medicines and essential items that reached consumers effectively."
He said the firm established strong communication channels between management, shareholders and investors through the SET and various brokers.
"Our listing reflects the readiness of KEX in every aspect, including competitive leadership, the environment, society and corporate governance. This affects all stakeholders as we work to improve the quality of life of people in the digital era, in line with the SET100, SETTHSI and SETWB indices," said Mr Ng.
The SET100 comprises Thailand's top 100 stocks by market capitalisation. These are considered the market movers.
The SET Thailand Sustainability Investment (SETTHSI) index selects stocks based on the SET's environmental, social and governance (ESG) criteria.
The SET Well-being (SETWB) index reflects the most competitive publicly listed firms in Thailand that are attractive to foreign investors. The growth of these businesses contributes to the country's GDP expansion and leads to higher income generation for Thais, according to the bourse.
KEX is also listed on the Reserve List for the SET50 index, which contains the top 50 securities by market capitalisation.