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Thursday, March 28, 2024

Stark provides update as share trade resumes

Stark Corporation (STARK) has reassured the Stock Exchange of Thailand (SET) and its shareholders management is ready to take any necessary action to protect the interests of shareholders in managing risks associated with the company’s potentially improper transactions.

Vonnarat Tangkaravakoon, the company’s major shareholder and director, convened a meeting to provide information to shareholders, investors and concerned parties ahead of the resumption of trading of STARK shares on the SET on Thursday.

The SET removed the suspension sign on shares of the wire and cable manufacturer for the first time since March 1, allowing trading of the company’s securities for at least one month.

Stark has failed to submit its 2022 financial statement and its 2023 first-quarter financial results.

The company was allowed to issue a financial review for disclosure to regulators…

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