In a bid to enhance transparency and trust in the capital market, the Securities and Exchange Commission (SEC) is set to introduce cautionary measures for securities that fail to conform to the listing regulations. This initiative will start on April 1. The SEC is also considering a revamp of its listing rules to elevate the quality of listed companies by early next year.
The SEC’s board has agreed with the proposal presented by the Stock Exchange of Thailand (SET) to refine the bourse’s listing criteria. This is aimed at improving the vetting process for companies that intend to list on the Thai bourse and to supervise the existing listed firms more effectively.
The SET has suggested enhancing the financial status and operational performance qualifications of companies waiting to be listed on the main bourse and the Market for Alternative Investment (MAI). This includes the…
