21 Dec 2016
In the last few days, we have been approached by a large number of investors including retail, local and foreign institutions, with questions on why ‘GL’ has been excluded as a constituent in the SET100 index following the release of semi-annual review by the SET last week. While we appreciate investors’ concerns, we are not in a position to respond on the matter. Such questions should be directed to the SET as the manager of SET indices.
It is almost needless to say that the exclusion of GL from SET indices does not impact our business in anyway. The company has been and continues to make rapid progress towards meeting our strategic goals. Such track record has contributed to its inclusion in the MSCI Thailand Small Cap Index (ranked 4th among 88 stocks). This index is managed by MSCI, a major international provider of equity indices.
At the very least, the incident reflects your interests and involvement in GL and we are encouraged by your enthusiasm. On behalf of management, I assure you that we are all working hard to meet your expectations while maintaining a high standard of practice.
Thank you for your trust and support.
Chairman of Executive Committee