Bangkok, 8 Oct – The Stock Exchange of Thailand (SET) has withdrawn SLM securities effective 30 Oct. and removed the ‘SP’ mark from 18-29 Oct. 2024 to allow temporary trading by purchasing through a Cash Balance account.
The Stock Exchange of Thailand has delisted the securities of SLM Corporation Public Company Limited (SLM) from being a listed security, effective October 30, 2024, because the company cannot resolve the delisting grounds in the case of shareholders’ equity being less than zero within the specified period. The SP mark will be lifted between October 18-29, 2024 to allow investors to temporarily trade the securities before they are delisted.
The ceiling and floor prices of SLM securities will not be set on the first day of trading (October 18, 2024). If there is no trading of SLM securities on October 18, 2024, the Stock Exchange of Thailand will not set the ceiling and floor until the securities are traded. When SLM securities are traded, the ceiling and floor of SLM securities will be adju
sted to the normal criteria on the following business day. The dynamic price band will not be set until the ceiling and floor of such securities are adjusted to the normal criteria. SLM securities will not be included in the calculation of the Market for Alternative Investment (mai) Index.
The Stock Exchange of Thailand would like shareholders and investors to exercise caution in trading securities by studying the company’s information in detail, such as financial status, operating results, auditor’s opinion, major shareholders, board of directors, past news, etc., as well as risks and other related factors. -516-Thai News Agency
Source: Thai News Agency