The rectification of CAWOW's sector reclassification
14 November 2005
The rectification of CAWOW's sector reclassification.
Since,the SET already published the news on reclassification
of service industry firms to new sectors this morning,
the SET would like to inform the rectification of CAWOW's sector
reclassification from "Media and Publishing" to "Tourism and
Leisure" which the corrected news is shown as follows:
SET to Reclassify Service Industry Firms to New Sectors
beginning January 3, 2006
The Stock Exchange of Thailand (SET) reclassified the business
sectors in 2005 and grouped all listed companies into their most
appropriate sectors.The SET will now reclassify firms within the
service industry by changing the names and definitions of some
sectors and regrouping all listed companies by sector.This new
classification system will better encompass the expanding new
business areas and more adequately reflect the core businesses
of firms preparing to list on the SET.The sector reclassification
will occur in the following two ways:
1. Changes will be made in the names and definitions of sectors.
"Hotel and travel service" will be renamed "Tourism and Leisure".
The sector's definition will be modified to include leisure and
recreation businesses, e.g., zoos, entertainment complexes,
fitness centers and stadiums. See the following table:
|----------Original----------|---------------New------------|
| Sector Name | Symbol | Sector Name | Symbol |
|---------------|------------|---------------|--------------|
| Hotel and | HOTEL | Tourism and | TOURISM |
| Travel | | Leisure | |
| Service | |---------------|--------------|
| | | Including leisure and |
| | | recreation businesses, |
| | | e.g., zoos, entertainment |
| | | complexes, fitness centers |
| | | and stadiums. |
|---------------|------------|------------------------------|
2. Related business sectors which have the same business
operation movements will be combined. The "Entertainment
and Recreation" sector will be renamed the "Media and
Publishing" sector. This sector will have its definition
modified to include medias production and distribution,
including printing , magazines, newspapers, and advertising
agencies.This will allow the merging of the "Printing and
Publishing"sector intothe new "Media and Publishing"sector.
See the following table:
|----------Original---------|------------New------------|
| Sector Name | Symbol | Sector Name | Symbol |
|----------------|----------|--------------|------------|
| Entertainment | ENTER | Media and | MEDIA |
| and Recreation | | Publishing | |
| | |--------------|------------|
| | | Including medias |
| | | production |
| | | and distribution, e.g., |
| | | printing, magazines, |
| | | newspapers, advertising |
| | | agencies... |
|----------------|----------|---------------------------|
| Printing and | PRINT | Merged into new |
| Publishing | | "MEDIA" Sector |
|----------------|----------|---------------------------|
By changing the names and definitions of some sectors and
regrouping all listed companies as mentioned above,the SET
announces the re-classification of 40 affected listed
companies to various sectors beginning January 3,2006
onwards,as follows:
1. Changing of the name and definition of the "Hotel
and Travel Services" sector to "Tourism and Leisure" will
cause 11 firms in the Hotel and Travel Services sector to
move to the tourism and leisure sector.
2. The SET will move 3 companies currently in the
Entertainment and Recreation sector - Safari World PCL.
(SAFARI),City Sports & Recreation PCL.(CSR), and
California WOW Xperience PCL.(CAWOW) to the
Tourism and Leisure sector. SAFARI provides recreation
venues,e.g.,an open zoo, a marine park,and a bird park,
while CSR operates a golf course. For CAWOW, the company
Provides services of exercising area and equipment.
3. Changing of the name and definition of the
"Entertainment and Recreation" sector to "Media and
Publishing" will affect 15 companies in the Entertainment
and Recreation sector(excluding SAFARI,CSR,and CAWOW)and
9 firms in the Printing and Publishing sector.
4. The SET will move 2 companies currently in the
Professional Services sector - Far East DDB PCL.(FE)
and Prakit Holdings PCL.(P-FCB) to the Media and Publishing
sector. FE and P-FCB are advertising agencies that provide
full services of advertising.
40 companies that will be moved to the "Tourism and Leisure"
and "Media and Publishing" sector are listed below:
A. 14 listed companies that will be moved to Tourism and
Leisure are:
Company Name Original Sector
1. The Erawan Group PCL. Hotel and Travel Services
2. Central Plaza Hotel PCL. Hotel and Travel Services
3. Dusit Thani PCL. Hotel and Travel Services
4. Grande Asset Development PCL. Hotel and Travel Services
5. Laguna Resorts & Hotels PCL. Hotel and Travel Services
6. The Mandarin Hotel PCL. Hotel and Travel Services
7. The Oriental Hotel(Thailand)PCL. Hotel and Travel Services
8. Pacific Assets PCL. Hotel and Travel Services
9. Rajadamri Hotel Pcl. Hotel and Travel Services
10.Royal Orchid Hotel(Thailand)PCL. Hotel and Travel Services
11.Shangri-La Hotel PCL. Hotel and Travel Services
12.Safari World PCL. Entertainment and Recreation
13.City Sports And Recreation PCL. Entertainment and Recreation
14.California WOW Xperience PCL. Entertainment and Recreation
B. 26 listed companies that will be moved to Media and
Publishing are:
Company Name Original Sector
1. BEC World PCL. Entertainment and Recreation
2. BNT Entertainment PCL. Entertainment and Recreation
3. CVD Entertainment PCL. Entertainment and Recreation
4. GMM Media PCL. Entertainment and Recreation
5. GMM Grammy PCL. Entertainment and Recreation
6. ITV PCL. Entertainment and Recreation
7. Major Cineplex Group PCL. Entertainment and Recreation
8. Matching Studio PCL. Entertainment and Recreation
9. MCOT PCL. Entertainment and Recreation
10. Media Of Medias PCL. Entertainment and Recreation
11. Mangpong PCL. Entertainment and Recreation
12. R.S.Promotion PCL. Entertainment and Recreation
13. Traffic Corner Holdings PCL. Entertainment and Recreation
14. United Broadcasting Entertainment and Recreation
Corporation PCL.
15. Workpoint Entertainment PCL. Entertainment and Recreation
16. Amarin Printing And Printing and Publishing
Publishing PCL.
17. Matichon PCL. Printing and Publishing
18. Nation Multimedia Group PCL. Printing and Publishing
19. The Post Publishing PCL. Printing and Publishing
20. Se-Education PCL. Printing and Publishing
21. Siam Inter Multimedia PCL. Printing and Publishing
22. Siam Sport Syndicate PCL. Printing and Publishing
23. Thai British Security Printing and Publishing
Printing PCL.
24. Tong Hua Communications PCL. Printing and Publishing
25. Far East DDB PCL. Professional Services
26. Prakit Holdings PCL. Professional Services