This Thai stock has returned 32.68% over the last 5 years

When one mentions Thailand, the first thought that typically comes to mind is that of its delectable street food, amazing shopping experience or its beautiful pagodas.

Yet, Southeast Asia’s second-largest economy is more than just a tourism paradise. Its stock market too, offers opportunities for those looking to achieve returns on their investments.

Advanced Info Services, popularly known as AIS, is a name that’s probably familiar to many. Afterall, it is Thailand’s largest mobile operator. The company has achieved signficant growth over the years, and that has been reflected in its stock price, with an impressive 3-year return of 38.67% and a return of 32.68% over a period of five years, according to an analysis by Isaac Lim, chief market strategist at Moomoo Singapore.

And to top it off, AIS also provides a healthy dividend payout.

investors in Singapore can now invest in blue-chip Thai companies through Singapore Depository Receipts (SDRs). For instance, AIS is trading under the stock code (SGX: TADD).