THAI Hikes 1.59% after Decision of Erasing Deficit, Looking Forward to Dividend Payment

THAI closed in the morning session at ฿12.80/share, increased ฿0.20/share or 1.59% with a trading value of THB 114 million.

The share price of Thai Airways International Public Company Limited (THAI) closed in the morning session at ฿12.80/share, increased ฿0.20/share or 1.59% with a trading value of THB 114 million. The highest of the session was ฿13.00/share while the lowest was ฿12.60/share.

The positive movement of THAI could be from the announcement of the resolution of the 2019 Annual General Shareholder’ Meeting which approved THAI to transfer the appropriated legal reserved at the amount of THB 2,691,275,568 and premium on ordinary shares at the amount of THB 25,545,316,308 to compensate the deficit of THAI.

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