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How a Taiwan electronics firm’s subsidiary became Thailand’s largest listed company

    • The question that many traders and analysts wanted to know was how a Taiwanese subsidiary ended up becoming one of Thailand top three listed companies on the Stock Exchange of Thailand.
    • The question that many traders and analysts wanted to know was how a Taiwanese subsidiary ended up becoming one of Thailand top three listed companies on the Stock Exchange of Thailand. PHOTO: BLOOMBERG

    Peter Janssen

    Published Wed, Jan 25, 2023 · 05:50 AM

    [BANGKOK] On Dec 30, the last day of trading for the Stock Exchange of Thailand (SET) in 2022, a piece of history was created.

    That was the day the share price of Delta Electronics (Thailand) touched a then all-time high of 876 baht (S$35.10).

    This was an increase of over 154 baht from the previous day’s close, and turned Delta – an exporter and manufacturer of power supplies and electronic components – into the largest listed company in Thailand for the day with a market capitalisation of more than 1.09 trillion baht.

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