Thailand Stock Loan FAQs

A Thailand stock loan is financing secured by a pledge of shares listed on the Stock Exchange of Thailand (SET) or the Market for Alternative Investment (mai). You pledge listed shares as collateral to draw cash, while keeping beneficial ownership, the full economic upside, and — subject to structuring — your dividends and your vote. On repayment, the pledge is released and the shares return to you in full. Unlike an outright sale, the position is never given up.

A sale removes both the capital and the holder from the position permanently and may trigger tax, disclosure, and control consequences, while signalling intent to the market. A stock loan extracts only the capital you need. The shares remain yours, you retain the upside, and you recover the full position on repayment of the loan.

Typical borrowers are founders and controlling shareholders of SET-listed companies, major individual shareholders, family holding companies, listed corporates with treasury or strategic equity, and pre-IPO or lock-up holders who need interim liquidity before they are free to sell. The common thread is a meaningful, long-term Thai-listed position the holder would rather keep than unwind.

Subject to how the structure is built, you retain beneficial ownership of the shares, their full economic upside, and — depending on the arrangement — your dividend entitlement and your vote. The treatment of dividends, rights, and other corporate actions is set out in the documentation and aligned to how the position is structured, so it is clear before funding rather than discovered during the term.

Your shares are deposited into your own account at a designated custodian and held in book-entry form at the TSD, the central depository for SET- and mai-listed securities. The lender's security comes from its rights and control over that account — not from transferring the shares — so you remain the account holder and beneficial owner throughout the term, with custody matched to the agreed structure and recourse profile. Margin and top-up mechanics, the treatment of corporate actions, and dividend handling are documented up front so there are no surprises during the term.

Indicative terms are typically delivered within 2 to 3 business days of an initial submission. Full execution — documentation, KYC, and holding the collateral in the borrower's account at a designated custodian and in book-entry form at the TSD, with the lender's security arising from its rights and control over that account — commonly completes within two to four weeks thereafter, depending on the complexity of the position and any disclosure considerations.

To frame an initial view we ask for three things: the ticker or company, the approximate size of the position you wish to borrow against, and your objective — the use of proceeds and the tenor you have in mind. As the transaction advances, standard KYC and source-of-funds documentation is completed at the documentation stage, and Thai counsel of your choosing reviews the loan, pledge, and custody agreements.

Yes. Enquiries are received through a secure channel and handled directly by a principal. We do not run a sales floor or a call centre, and your identity, ticker, and position are not disclosed to third parties beyond the licensed counterparties and counsel required to execute the transaction. A non-disclosure agreement is available on request before you share details.

Yes, and we encourage it. Thai counsel of your choosing is engaged in parallel during documentation to review the loan agreement, share pledge agreement, and custody arrangement. Where helpful, we can suggest experienced Bangkok firms, but the choice is yours.

A block trade is a privately-negotiated, off-screen sale of a large parcel of SET- or mai-listed shares. Rather than working the position through the order book, where a sizeable seller moves the price and signals intent, the block is matched with an identified buyer at an agreed price and reported to the Exchange as a big-lot or put-through trade. The aim is minimal market impact and controlled disclosure.

Price is discovered against the prevailing screen — typically expressed as a negotiated premium or, more often, a discount to the volume-weighted or last-traded price — reflecting the size of the block, the liquidity and free float of the counter, and the appetite of the buyer. Indicative pricing is issued only after review of the specific ticker and position.

A block trade is the right tool when you genuinely want to exit, diversify, fund an estate or succession plan, or reduce a position permanently. A stock loan is the alternative when you want liquidity but intend to keep ownership, dividends, and upside. We can scope both and let the objective decide.

Blocks are typically arranged for positions valued from THB 30 million upward, with no defined upper bound, and larger blocks may be staged over time or syndicated across more than one buyer. On disclosure, acquisitions or disposals crossing 5% thresholds (and each further 5%) are reportable to the SEC under the Securities and Exchange Act B.E. 2535 via Form 246-2; where a buyer's holding crosses 25%, 50%, or 75%, the mandatory tender-offer and takeover provisions may be engaged, alongside concert-party and whitewash considerations. Any disclosure or regulatory obligations are a matter for your own Thai legal counsel, engaged in parallel; we act as arranger and introducer and do not provide legal or regulatory advice.