DELTA Plunges 11% after SET’s Exclusion from Credit Limit-Reimposition of Cash Balance

DELTA Plunges 11% after SET’s Exclusion from Credit Limit-Reimposition of Cash Balance.

The share price of Delta Electronics (Thailand) Public Company Limited (DELTA) fell ฿56.00/share or 11.62% at the opening session on Tuesday to trade at ฿426.00/share after the Stock Exchange of Thailand (SET) excluded DELTA from credit limit and imposed cash balance measure, effective from February 16, 2021 to March 8, 2021.

 

*Excluded from credit limit means the member must not use the security as collateral in the calculation of the customer’s credit line in all types of account.

 

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