SET CLARIFIES CHANGES TO RULES ON ‘SP’ SIGN

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/detail/Economy/30367317

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SET CLARIFIES CHANGES  TO RULES ON ‘SP’ SIGN

Economy April 08, 2019 01:00

By The Nation

Following The Stock Exchange of Thailand (SET)’s announcement to amend regulations on the temporary trading suspension “SP” sign, SET reaffirms that the objective is to provide opportunity or option to shareholders of the companies which the securities have been posted SP sign for three months.

This is resulting from failure to disclose material information, to submit financial statements, or the auditor issues adverse opinion on the financial statements.

The shareholders are able to trade for one month before such securities will be continually suspended if the cause cannot be solved.

In order to limit risk and alert investors to be more prudent in such trading period, those securities must be purchased through cash balance account which means the customers have to pay the full amount in cash prior to purchasing.

SET confirms new rules allowing temporary trading will be applied to all listed securities in line with the criteria.

According to this regulation, some securities will be allowed for temporary trading from July 1, 2019 onwards and SET will announce the list of securities in advance.

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