Bangkok Post Public : Notification of procedures enforced on POST and THAI facing possible delisting due to performance or financial positions (NC-Stage 2)

Date/Time

08 Mar 2022 08:52:37

Headline

Notification of procedures enforced on POST and THAI facing possible delisting due to performance or financial positions (NC-Stage 2)

Symbol

POST

Source

SET

Full Detailed News

                    The Stock Exchange of Thailand provides procedures and guidelines for actions 
against the listed company facing possible delisting due to performance or
financial positions to undertake rehabilitation for 2 periods as follows: 1) 3
years for the elimination of the cause(s) of delisting and SET will publicly
announce the name of the company every year (NC-Stage 1 - 3). 2) 2 years for the
repossession of the required qualifications for trading resumption (Resume
Stage) if the listed company can proceed to eliminate the cause(s) of delisting.
However, if the listed company cannot proceed to eliminate the cause(s) of
delisting or repossess the required qualifications for trading resumption within
the specified periods, SET will consider delisting the securities of the listed
 company accordingly.
    Bangkok Post Public Company Limited (POST) and Thai Airways International 
Public Company Limited (THAI) are subject to NC-Stage 1 , and still could not
eliminate the cause of delisting. Therefore, SET will announce that POST and
THAI are subject to NC-Stage 2 effective from March 8, 2022 onward.
Additionally, POST and THAI must proceed in accordance with specified rules as
mentioned above.

March 8, 2022
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