The Business Times
business-time-50
Asean Business logo
SPONSORED BYUOB logo
SUBSCRIBERS

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

google-preferred-sourceAdd BT as a preferred source
    • 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.

    ThailandAsean BusinessAsean

    TRENDING NOW

    Longest-serving chief minister Taib Mahmud’s legacy looms large over Sarawak as a family feud over his estate threatens to expose skeleton’s in the eastern state’s political closet.

    On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart

    Thailand’s target is to export seven million tonnes of rice globally in 2026, but the Middle East war has turned the world topsy-turvy with supply disruptions, high oil prices and economic uncertainty.

    Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why

    Senior Minister of State for Digital Development and Information Tan Kiat How said the government is working with partners who have access to Anthropic's Mythos to understand its capabilities.

    MAS convenes bank CEOs over AI cyberthreats; boards told to own risks, not leave to IT teams

    Electric vehicles and the changed dynamics of mainstream and luxury car segments mean Certificates of Entitlement should not be used to classify cars.

    Is it time to scrap COE categories for cars? 

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More