SET App
Settrade App
DW
Disclosure rules
Derivative Warrant (DW) is a financial instrument that requires a small initial investment but yields high returns. Profits can be made during both market ups and downs.
Rule summary
Periodic information disclosure
1. Information related to operating results and financial positions of DW issuers
1. Information related to operating results and financial positions of DW issuers
| Required disclosure | Submission deadline |
|---|---|
| Annual financial statements (audited) | Within the same time frame of submission to regulators directly supervising the business operations or, or to the Ministry of Commerce, whichever is earlier. |
| Semi-annual financial statements (audited) | |
| Quarterly financial statements (reviewed) | |
| 56-DW | Concurrent with the submission of the annual financial statements |
Note : 1. If the deadline falls on a non-business day, it shall be postponed to the next business day. 2. If DW issuers are listed companies, the submission must follow the disclosure requirements applicable to listed companies.
2. Other important information
| Required disclosure/submission | Disclosure/submission deadline |
|---|---|
| Outstanding DW units (Weekly) | Every week |
| DW holding distribution reports | Within 3 months from the first trading day |
| Monthly performance reports of market makers | Within 3 business days from the end of each month |
Material event disclosure
Examples of information to be disclosed:
Examples of information to be disclosed:
| Required disclosure | Disclosure time frame |
|---|---|
| Immediately |
| Settlement prices and net cash settlements | No later than the next business day after the information becomes available |
| Result of DW exercise | Next business day following the exercise date |
| Disclosure of book closing dates (BC) or record dates (RD) | ≥ 5 business days prior to BC or RD |
| Changes to BC or RD | ≥ 5 business days prior to BC or RD previously disclosed |
| Minutes of DW holder meetings | Within 14 days from the date of each meeting |
Methods of information disclosure and submission
- Disclosure and submission of information in both Thai and English must be made via SETPortal.
- For material information requiring immediate disclosure, such disclosure must be made without delay on the event date or, at the latest, before the first trading session on the next business day.
- Disclosure and submission of information in both Thai and English must be made via SETPortal.
- For material information requiring immediate disclosure, such disclosure must be made without delay on the event date or, at the latest, before the first trading session on the next business day.
Time interval for information disclosure via SETPortal
Remark : For DWs with foreign underlying assets, news submission is not allowed during 12.30-13.00 hrs. as SET maintains active trading (non-intermission) during the said time frame
Contact us
For more information
For more information
Contact us
For more information
For more information
| please contact the Equity Product Development Department, The Stock Exchange of Thailand | |
 E-mail: SETEQTEAM@set.or.th |
| please contact the Equity Product Development Department, The Stock Exchange of Thailand | |
| E-mail: SETEQTEAM@set.or.th |