Market for Alternative Investment

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The Market for Alternative Investment (MAI or mai) is a stock exchange of Thailand which was established by the Stock Exchange of Thailand (SET) in 1998 under the Securities Exchange of Thailand Act as an alternative stock market for small and medium-sized enterprises. It officially commenced operation on 21 June 1999. It is located in Khlong Toei, Bangkok.

Contents

The mai operates independently under the supervision of the SET's board of directors. The mai committee sets its policies and oversees the market's operation and front office duties such as stock listing and public relations. Back office functions, such as the trading system, clearing and settlement procedures, trading surveillance and supervision, as well as disclosure requirements, will be based entirely on existing Stock Exchange of Thailand operations.

Vision

"We strive to be the right and efficient exchange creating value for high potential, innovative and ventured companies in ASEAN."

Milestones

11 November 1998:

The Office of the Securities and Exchange Commission approves in principle the establishment of the market for listing securities of small and medium enterprises by the Stock Exchange of Thailand (SET).

21 June 1999:

The mai officially commenced operation. The Minister of Finance emphasized the important role of the mai in supporting and strengthening Small and Medium-sized Enterprises.

16 January 2000:

Mr. Yuth Vorachattarn is appointed to be the first Managing Director of the mai. His goal is to develop the mai to be an efficient secondary market for Small and Medium-sized Enterprises, and to be a modern and dynamic market to promote international best practices for Thai businesses.

10 April 2000:

The mai announces a new listing category, “Section 2: Hi-Growth Enterprises”, to broaden the fund-raising opportunities for firms that had high growth potential even though they were relatively small, such as those in the technology industry.

17 September 2001:

The mai starts official trading. BROOK is the first company to be actually listed on the mai

3 September 2002:

The mai created its Index to provide investors with a valuable tool for understanding stock price movements on the mai. The index's base was the trading value of listed securities on the previous day, 2 September 2002

1 November 2004 Mr. Vichate Tantiwanich was appointed as the mai's President effective from 1 November 2004 onwards.

25 May 2005:

SET Board approves official Thai name for the Market for Alternative Investment (mai) which will be M-A-I, (pronounced as the 3 individual English letters) instead of "mai" (as in "pi").

15 February 2006:

The Board of Governors of The Stock Exchange of Thailand (SET) appoints Mr. Chanitr Charnchainarong to be the President of the Market for Alternative Investment (mai). (SET Press Release No. 21/2006 dated 9 February 2006)

29 January 2007:

Multibax Public Company Limited is the 50th company to be listed on the mai (mai Press Release No. 3/2007 dated 29 January 2007)

Listed companies

MAI listed companies as of 4 May 2010: [1]


MAI SymbolCompanyMarket
Capitalization
Official
site
ACAP ACAP Advisory Public Company Limited750,000,000
ADAM Adamas Incorporation Public Company Limited337,146,024
AGEAsia Green Energy Public Company Limited952,000,000
AIMAbsolute Impact Public Company Limited252,000,000
BGT BGT Corporation Public Company Limited220,800,000
BOL Business Online Public Company Limited
BROOK The Brooker Group Public Company Limited
BSM Buildersmart Public Company Limited
CHUO Chuo Senko (Thailand) Public Company Limited
CIG C.I. Group Public Company Limited
CMO CM Organizer Public Company Limited
CPR CPR Gomu Industrial Public Company Limited
CRANE Chu Kai Public Company Limited
D1 Dragon One Public Company Limited
DEMCO DEMCO Public Company Limited
DIMET Dimet (Siam) Public Company Limited
DM Dhanamitr Factoring Public Company Limited
E Evolution Capital Public Company Limited
ETG Eternity Grand Logistics Public Company Limited
FOCUS Focus Development and Construction Public Company Limited
GFM Goldfine Manufacturers Public Company Limited
ILINK Interlink Communication Public Company Limited
IRCP International Research Corporation Public Company Limited
KASET Thai Ha Public Company Limited
KIAT Kiattana Transport Public Company Limited3,100,000,000
L&E Lighting and Equipment Public Company Limited
LVT L.V. Technology Public Company Limited
MACO Master Ad Public Company Limited
MBAX Multibax Public Company Limited
PICO Pico Thailand Public Company Limited
PPM Porn Prom Metal Public Company Limited
PR124 124 Communications Public Company Limited
PYLON Pylon Public Company Limited
SALEE Salee Industry Public Company Limited
SIMAT SIMAT Technologies Public Company Limited
SLC Solution Corner (1998) Public Company Limited
STAR Star Sanitaryware Public Company Limited
STEEL Steel Intertech Public Company Limited
SWC Sherwood Chemicals Public Company Limited
TAPAC Tapaco Public Company Limited
TIES Thai Industrial and Engineering Service Public Company Limited
TMW Thai Mitsuwa Public Company Limited
TNDT Thai Nondestructive Testing Public Company Limited
TNH Thai Nakarin Hospital Public Company Limited1,278,000,000
TPAC Thai Plaspac Public Company Limited905,000,000
TRC TRC Construction Public Company Limited590,700,000
TRT Tirathai Public Company Limited1,537,912,703
UBIS UBIS (Asia) Public Company Limited805,600,000
UEC Unimit Engineering Public Company Limited1,555,840,000
UKEM Union Petrochemical Public Company Limited514,800,000
UMS Unique Mining Services Public Company Limited
YUASA Yuasa Battery (Thailand) Public Company Limited

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