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Saturday, May 4, 2024

Stock Exchange of Thailand steps up the level of supervision of listed companies

The Stock Exchange has elevated the supervision of registered companies throughout the process, from the registration of companies to the supervision of registered companies.

Key Takeaways

  • The Stock Exchange of Thailand has implemented enhanced criteria and supervision to strengthen the financial and operational capabilities of registered companies, aiming to improve the quality of listed companies and increase investor confidence.
  • The revised criteria include raising the qualifications for listing on the Stock Exchange of Thailand and providing clearer warning signs to investors in case of financial risks or non-compliance with specified criteria.
  • The Stock Exchange has also introduced grounds for revocation of listed company status if continuous business is not maintained or free float requirements are not met, with these changes gradually taking effect from March 25, 2024.

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