Thailand's Stock Exchange is advancing new Dual-Class Shares legislation with government partners to unlock free float constraints and attract foreign investment. The mechanism allows founders to retain voting control while diluting shareholding—modeled on global tech unicorns—and applies to future IPOs and optionally to large-cap incumbents. Expected 1–2 months for passage, this structural reform aims to boost MSCI index weighting and push the Thai stock market to 2,000 points within 2–3 years while generating state revenue without increasing public debt.
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