SPDR Gold Trust Units Thailand Depositery Receipts Repr 0.01 Sh

SPDR Gold Trust Units Thailand Depositery Receipts Repr 0.01 Sh

SSET:GOLDUS19
42.25
THB
-0.25
(-0.59%)
No data availableFinancial data will appear here once available

Capital Structure

FRC

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in mil. unless spec.
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Working Capital

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in mil. unless spec.
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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

Sector
Finance
Industry
Investment banks/Brokers
Address
Bangkok Thailand
Business
SPDR Gold Trust Units Thailand Depositary Receipts Repr 0.01 Sh is an exchange-traded depositary receipt issued on the Stock Exchange of Thailand by Yuanta Securities (Thailand) Company Limited that tracks the performance of the SPDR Gold Trust. The instrument is designed to provide retail and institutional investors with direct, cost-effective exposure to physical gold bullion prices without requiring physical storage, physical delivery, or offshore foreign currency brokerage accounts. Each depositary receipt represents an entitlement to 0.01 units of the underlying SPDR Gold Trust, the world's largest physically backed gold exchange-traded fund sponsored by World Gold Trust Services, LLC and marketed by State Street Global Advisors. The underlying trust holds allocated physical London Good Delivery gold bars secured in specialized vaults in London under the custody of HSBC Bank plc and JPMorgan Chase Bank, N.A., with its valuation benchmarked directly against the LBMA Gold Price PM. The security's core product offerings and investment features include depositary receipt trading denominated in Thai Baht on the Stock Exchange of Thailand; fractional physical gold exposure at a ratio of 100 depositary receipts to one underlying SPDR Gold Trust share; continuous intraday liquidity provision and active market-making mechanisms facilitated by Yuanta Securities (Thailand); transparent net asset value tracking linked to international spot gold markets; and cross-border portfolio diversification, currency risk mitigation, and inflation-hedging solutions for domestic wealth management and institutional portfolios. Through the depositary receipt structure, market participants gain seamless access to global commodity markets, eliminate offshore tax and currency repatriation complexities, and utilize standard equity clearing and settlement cycles via local brokerage accounts. In recent developments, Yuanta Securities (Thailand) has expanded its suite of foreign depositary receipts and broadened market-making support for commodity-linked instruments on the Stock Exchange of Thailand to meet surging demand for precious metals amid macroeconomic uncertainty and active central bank gold acquisitions. The issuer has enhanced digital brokerage integration across mobile trading platforms including Yuanta Beyond and the nationwide SETtrade Streaming system, delivering real-time indicative net asset value tracking, streamlined fractional trading, and improved order execution efficiency. Concurrently, the underlying SPDR Gold Trust has maintained dynamic multi-vault custodian frameworks to optimize physical bar allocation and liquidity management in response to global exchange-traded fund flows. Yuanta Securities (Thailand) Company Limited operates as a core brokerage subsidiary of Taiwan-based Yuanta Financial Holding Co., Ltd. and is headquartered in Bangkok, Thailand. The underlying SPDR Gold Trust was established in 2004 and is headquartered in New York, United States.