Changing the Par Value
|Back to Simplified Regulations||
Changing the par value has no effects on the shareholders’ equity. However, the company may consider it as an approach to increase trading liquidity.
|Type of par value change||
* To set a record date, there must be the book closing to collect shareholder’s list as prescribed in Section 225 of SEC Act.
|Notification of shareholders’ resolution||Within the shareholder meeting date, or the latest by 9.00 hrs. of the following business day, via SET Portal|
|Registering the par change||
|News announcement by SET||SET will announce the effective of par change in the trading system, which is normally the 3rd day after SET makes announcement.|