Market for Alternative Investment (mai) to Restructure Business Categories
The Stock Exchange of Thailand's mai market will implement a new business classification system starting March 1, 2027, to align with SET standards.
According to Prachachat Business, the Market for Alternative Investment (mai) is set to overhaul its business classification system. Starting March 1, 2027, the exchange will reorganize its listed companies into 8 industry groups and 30 business sectors. This initiative aims to bring the mai market in line with the standards used by the main Stock Exchange of Thailand (SET).
This restructuring follows a significant period of growth, with the number of listed companies on the mai nearly doubling over the past decade. By adopting a more granular classification system, the exchange intends to provide investors with clearer tools for comparing stocks and evaluating company valuations.
For residents and investors in Thailand, this change is designed to improve market transparency and facilitate more informed investment decisions. While the new structure is intended to simplify the analysis of listed entities, it does not directly impact daily consumer services or tourism. At this stage, the exchange has confirmed the implementation date and the scope of the new categories. Investors should monitor official announcements from the Stock Exchange of Thailand for specific details on how individual companies will be reclassified under the new framework.