Information that could have a significant impact on a company's securities and their market price.
Information that may impact investment decisions regarding the company's securities.
Information that may affect the interests of shareholders.
When must information be disclosed?
To ensure equitable access to information, disclosure must be made at least one hour prior to the commencement of each trading session, or after the close of the day's trading.
Guidelines for Information Disclosure
Information disclosure is required to be adequate and timely to ensure transparency and fairness to all stakeholders. Information must be transmitted in both Thai and English online through SET Portal.
Types of disclosure and submission deadline are as follows;
Financial statements: Financial statements are to be submitted to SET in both Thai and English via SET Portal.
Unaudited financial statements (optional) are to be submitted within 30 days of the end of the quarter or of the company’s accounting period. If a listed company provides an unaudited financial statement, it must do so consistently.
Reviewed quarterly financial statements (including consolidated statements if there are subsidiary companies) are to be submitted within 45 days of the end of each quarter.
Audited annual financial statements are to be submitted within three months from the end of an accounting period. However, for the final quarter of the year, a company may elect to file an audited annual financial statement within 60 days, instead of filing financial statements for Q4. A company wishing to do this must give prior notice to SET within 30 days of the end of the accounting period and before filing.
In addition, if a company's revenue or net profit changes by more than 20% compared to the same period of the previous year, management must submit an interim analysis explaining the reasons for the difference and the impact on investors.
Annual Registration Statement (Form 56-1): Form 56-1 is to be submitted within three months from the end of the accounting period. Form 56-1 should contain information as to important developments of the listed company during the past year including business operations, board of directors, shareholder structure, summary of financial condition and performance, industry conditions, and business risk factors.
Annual report: Annual report is to be submitted to SET within four months from the end of the accounting period, and at the same time the listed company distributes the annual report to shareholders for the annual general meeting (AGM). Where there are foreign shareholders, a company must also prepare a report in English.
Disclosure of Material Events :
In case where an important event occurs, e.g. notices of dividend payment / nonpayment, capital increase, mergers and acquisitions, changes to shareholder structure, or other events significantly affecting business operations, listed companies must promptly disclose such information through SET Portal on the date of the event, or before 09:00 AM the following business day. Disclosures must be made at least one hour before the opening of the trading session. If the information is disclosed during trading hours, SET will post a trading halt (H) to suspend trading of the company's securities to allow investors sufficient time to consider the information before trading of the affected securities resumes.