Market for Alternative Investment

In 2007 the Stock Exchange of Thailand (SET) approved Baht 1 billion to establish the mai Matching Fund Co., Ltd. as a wholly-owned venture capital subsidiary. The fund will indirectly invest in innovative, science & technology related companies via venture capital (VC) funds, focusing on companies deemed important for Thailand’s competitiveness. The venture capital fund will target companies with growth potential and the desire to be listed on the Market for Alternative Investment (mai) in the future.

The target industries include food, automotive parts & accessories, software, microchips, textiles, tourism, healthcare and biotechnology. These sectors have been selected for development under the National Science and Technology Strategic Plan (2004-2013). Other industries using science and technology may also be eligible if approved by the Board.

The mai Matching Fund will invest up to 50% of each VC fund’s capital base in the form of non-voting preferred shares. The professional fund manager will be independent of mai Matching Fund.

For more information, please contact mai Matching Fund at Market for Alternative Investment.