"Depositary Receipts for foreign securities" that trade just like stocks
Invest in foreign stocks and funds conveniently, with no need for overseas money transfers
Trade on the SET in Thai baht, with no need to open a foreign account
Dividends and other rights (fees may apply under the deposit agreement)
Easy to trade and convert to cash, just like Thai stocks
No need to transfer money abroad, and Capital Gain is exempt from income tax under applicable conditions
Capital gains on price movements, just like Thai stocks
Receive dividends/benefits from the underlying stock (may be subject to deductions under the depositary agreement)
Foreign security symbol / last 2 characters = DR issuer code
TENCENT DR is issued by member number 80
DR has no expiry date and can be held indefinitely like a stock (unlike DW, which has a limited lifespan)
The price of a DR fluctuates with the underlying security's price on the foreign market
Although traded in baht, it may be affected by exchange rate fluctuations
Same fee structure as Thai stocks, with possible additional charges set by the DR issuer in the agreement
DR can be traded during the trading hours of the Stock Exchange of Thailand (SET)
Similar to investing in Thai stocks, with Capital Gain profits tax-exempt under the prescribed conditions
