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

Fitch Rates ICBCTL#s Senior Notes #AAA(tha)#

Fitch Ratings (Thailand) Limited has assigned ICBC (Thai) Leasing Company Limited's (ICBCTL, AAA(tha)/Stable/F1+(tha)) upcoming long-term senior unsecured notes a National Long-Term Rating of 'AAA(tha)'. The notes will be issued under ICBCTL's THB30...

UnionPay offers foodies exclusive fine dining experiences at a special price At Bangkok Restaurant Week 2018

The highly anticipated Bangkok Restaurant Week 2018 from Wongnai is here. The annual festival is bringing foodies fine dining experiences and special deals from over 50 most well-known restaurants across Bangkok. UnionPay, the best payment companion for...

TCEB unveils its 2019 strategy under a brand-new campaign Thailand: REDEFINE Your Business Events

TCEB today announced a launch of its new brand marketing communication campaign "Thailand: Redefine Your Business Events". The new campaign has prompted the bureau to redefine its role as an industry's partner for success. Tapping into the growing...

L1 Treasury จับมือ Airborne Capital ทุ่มทุน 250 ล้านดอลลาร์สหรัฐ เปิดตัว AltitudeOne Aviation

- AltitudeOne Aviation Ltd ("AltitudeOne Aviation") เป็นธุรกิจร่วมทุนที่เปิดตัวโดย LetterOne Treasury Services SA ("L1 Treasury") และ Airborne Capital Limited ("Airborne Capital") - AltitudeOne Aviation จะลงทุนในพอร์ตหลากหลายประเภท...

L1 Treasury and Airborne Capital Commit US$250m to Launch of AltitudeOne Aviation

- AltitudeOne Aviation Ltd ("AltitudeOne Aviation") is a venture launched by LetterOne Treasury Services SA ("L1 Treasury") and Airborne Capital Limited ("Airborne Capital") - AltitudeOne Aviation will invest in a diversified portfolio of in-production...

Related Topics