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Market for Alternative Investment

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Market for Alternative Investment

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.

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.

MAI strives to be the right and efficient exchange that creates value for high potential, innovative, and ventured companies in ASEAN.

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:

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