Halloween in July! SET Green-Light Suspended Shares for 1-Month Temporary Trading

SET will allow listed securities which have been suspended longer than 3 months to be allowed for 1-month temporary trading.

On June 11, 2019, the Stock Exchange of Thailand (SET) has announced that it will start the temporary trading of listed securities which have been posted the SP (suspended) sign longer than three-month period consecutively and in line with specified conditions. SET will announce the list of these securities on June 20, 2019.

The conditions of listed securities which have been suspended longer than 3 months and will be allowed for 1-month temporary trading are as follows:

1) Listed securities have been suspended from failure to disclose key information, or failure to submit financial statements, or the auditor’ issuance of adverse opinion on the financial statements.

2) Listed securities that are subject to possible delisting as a result of the operating performance or financial position; and have never been allowed such temporary trading.

3) Listed securities have not been ordered to be delisted before the temporary trading.

 

SET asserted that all securities under above conditions will be allowed for temporary trading during July 1-31, 2019. SET will post the non-compliance or NC sign on securities during the trading period and investors are required to purchase such securities through cash balance account which means that the investors have to pay the full amount in cash prior to purchasing in order to alert them to be more prudent.

After one month of temporary trading (or after July 31, 2019), these securities with temporary trading will be posted “SP” sign until the companies disclose information or all issues are successfully solved.

Moreover, there will be no floor and ceiling price limits on the first trading day of these temporary trading securities (July 1, 2019), as such reflecting the real demand-supply.

Companies that are in the process to repossess the qualifications in order to resume trading. (Resume Stage)

1. ASSET FIVE GROUP PUBLIC COMPANY LIMITED (A5)
2. KTECH CONSTRUCTION PUBLIC COMPANY LIMITED (KTECH)
3. KUANG PEI SAN FOOD PRODUCTS PUBLIC COMPANY LIMITED (POMPUI)
4. PROFESSIONAL WASTE TECHNOLOGY (1999) PUBLIC COMPANY LIMITED (PRO)
5. SAFARI WORLD PUBLIC COMPANY LIMITED (SAFARI)
6. SHUN THAI RUBBER GLOVES INDUSTRY PUBLIC COMPANY LIMITED (STHAI)
7. TONGKAH HARBOUR PUBLIC COMPANY LIMITED (THL)
8. VENTURE INCORPORATION PUBLIC COMPANY LIMITED (VI)
9. WORLD CORPORATION PUBLIC COMPANY LIMITED (WORLD)
10. WE RETAIL PUBLIC COMPANY LIMITED (WR)
11. YONG THAI PUBLIC COMPANY LIMITED (YCI)
14. BLISS-TEL PUBLIC COMPANY LIMITED (BLISS)
15. BANGKOK UNION INSURANCE PUBLIC COMPANY LIMITED (BUI)
16. ENERGY EARTH PUBLIC COMPANY LIMITED (EARTH)

Companies that are in the process of eliminating the causes of possible delisting.

1. YARNAPUND PUBLIC COMPANY LIMITED (VNP)
2. SAHAVIRIYA STEEL INDUSTRIES PUBLIC COMPANY LIMITED (SSI)
3. PAE (THAILAND) PUBLIC COMPANY LIMITED (PAE)
4. RICH ASIA CORPORATION PUBLIC COMPANY LIMITED (RITCH)
5. L.V. TECHNOLOGY PUBLIC COMPANY LIMITED (LVT)
6. CHUO SENKO (THAILAND) PUBLIC COMPANY LIMITED (CHUO)
7. THE INTERNATIONAL ENGINEERING PUBLIC COMPANY LIMITED (IEC)
8. INTER FAR EAST ENERGY CORPORATION PUBLIC COMPANY LIMITED (IFEC)
9. K.C. PROPERTY PUBLIC COMPANY LIMITED (KL)
10. POLARIS CAPITAL PUBLIC COMPANY LIMITED (POLAR)
11. TTL INDUSTRIES PUBLIC COMPANY LIMITED (TTL)
12. G STEEL PUBLIC COMPANY LIMITED (GSTEL)