SET introduces C caution sign effective July 2

Stocks and Financial Services Press Releases Thursday March 8, 2018 09:01
Bangkok--7 Mar--SET

The Stock Exchange of Thailand (SET) introduces the "C" (Caution) sign effective from July 2, 2018 to protectinvestors and urge listed companies to resolve the issues arise from deteriorating financial status, financial statement and business operation. The imposing of new sign has incorporated the market participants and public feedback received via the public consultation, with approval from the Securities and Exchange Commission (SEC).

SET President Kesara Manchusree said that SET with relentless effort has continuously enhanced listed companies' quality and protect investor protection. During September to December last year SET discussed with market participants and the public on further actions in protecting investors by posting an additional alert sign on a company's securities when the financial status and business operation changedregressively. We decide to launch the "C" (Caution) sign to remind investors to study those of securities carefully before making an investment. The sign has already been approved by the SEC.

Following the new sign implementation, investors must trade through Cash Balance account any securities tagged "C" sign. SET will announce the names of listed companies one day prior to the posting of "C". Such company has to provide information and plan to resolve the issue within 15 days after the "C" sign has been posted and every quarter until the company can completely rectify their issues. This is in line with general criteria of other alert signs.

The "C" sign will take effect on July 2, 2018 while the listed companies' financial status will consider fromtheir financial statements endedJune 30, 2018. To view the list of companies with "C" sign, please visit www.set.or.th or SETSMART .


Latest Press Release

Preliminary Ratings Assigned To Libra (European Loan Conduit No. 31) DAC#s European CMBS Notes

LONDON (S&P Global Ratings) June 18, 2018--S&P Global Ratings has today assigned its preliminary ratings on Libra (European Loan Conduit No. 31) DAC's class A1, A2, B, C, D, and E notes. At closing Libra will also issue unrated class X notes (see...

Ratings Assigned To Fanes 2018-1#s Class A1 And Class A2 Italian RMBS Notes

MILAN (S&P Global Ratings) June 18, 2018--S&P Global Ratings today assigned its 'AA (sf)' credit rating to Fanes S.r.l.'s asset-backed floating-rate series 2018-1 class A1 notes and its 'A+ (sf)' rating to Fanes' asset-backed fixed-rate series...

DS Smith Plc Outlook Revised To Negative On Higher #BBB-# Ratings Affirmed

LONDON (S&P Global Ratings) June 18, 2018--S&P Global Ratings said today that it revised its outlook on U.K.-based DS Smith Plc to negative from stable. At the same time, we affirmed our 'BBB-/A-3' long- and short-term issuer credit ratings and...

French Customer Relationship Management Co. Teleperformance Affirmed At #BBB-# On Plan To Buy Outlook Stable

FRANKFURT (S&P Global Ratings) June 18, 2018--S&P Global Ratings said today that it has affirmed its 'BBB-' long-term issuer credit rating on France-based customer relationship management (CRM) services provider Teleperformance SE. The outlook...

Japan Housing Finance Agency#s Series T-1 Structured Issuance Assigned Preliminary #AAA (sf)# Rating

TOKYO (S&P Global Ratings) June 18, 2018-- S&P Global Ratings today said it has assigned its preliminary 'AAA (sf)' rating to Japan Housing Finance Agency' s (JHF) series T-1 fixed-rate residential mortgage-secured pass-through notes. The issue...

Related Topics