SET adjusts listing criteria on private placement, effective from July 1

The adjustments can be summarized as follows:

1) Revise definition of "Market Price" in accordance with the SEC's criteria and practice
2) Waive/Exempt silent period criteria applicable to PP shares at a price below market price as follows:

• The sales of remaining shares after the rights offering (RO) or preferential public offering (PPO) through PP at a price not less than RO or PPO to be in line with the SEC's regulations
• Creditors who are offered shares or securities according to the business rehabilitation plan to facilitate the rehabilitation

For more information about the criteria, please visit SET's website at www.set.or.th, go to "Rules and Regulations" menu, and then select "Circular Letters" for "Listed Companies".

Source: SET Corporate Communications