รายละเอียดข่าว

วันที่/เวลา
10 เม.ย. 2560 08:52:00
หัวข้อข่าว
The SET allows and suspends trading of RICH's securities
หลักทรัพย์
RICH
แหล่งข่าว
SET
รายละเอียดแบบเต็ม
คลิกที่นี่เพื่อดาวน์โหลดรายละเอียดข่าวรูปแบบเต็ม
                Sign lifted

Subject                                  : "Suspended" (SP) sign lifted
Security Symbol
  - RICH ASIA CORPORATION PUBLIC COMPANY LIMITED (RICH)
Sign lifted                              : SP
Sign lifted on (date)                    : 10-Apr-2017
Trading session                          : Morning
Reason                                   :
The company has clearly and completely clarified all relevant material 
information concerning the way to rehabilitate the company's business under the
central bankruptcy court.
______________________________________________________________________

Sign posted

Subject                                  : Suspend (SP) sign posted
Security Symbol
  - RICH ASIA CORPORATION PUBLIC COMPANY LIMITED (RICH)
Sign posted                              : SP
Sign posted on (date)                    : 11-May-2017
Trading session                          : Morning
Reason                                   :
The Company is subject to possible delisting. It is currently in the process of 
improvement and remedy of financial status and performance to be in line with
the SET's rules and regulations.
Remark                                   :
The SET allows and suspends trading of RICH's securities

According to The Stock Exchange of Thailand (SET)'s announcement, the securities
of Rich Asia Corporation Public Company Limited (RICH) was subject to resolve
financial status and operations (NC-Stage 1). The SET has posted an "SP"
(Suspension) sign to prohibit the trading of RICH's securities since March 1,
2017 and also posted an "NC" (Non-Compliance) sign since March 9, 2017. Also,
the SET required RICH  to report to the SET by April 7, 2017 about its decisions
whether it prefers to propose a resolving plan to the shareholders, or to
rehabilitate business under the Bankruptcy Act, or to apply for voluntary
delisting, or to take any other options beneficial to the company. The SET will
allow the trading of its securities on April 10, 2017 to May 9, 2017 and after
that the SET will suspend the trading of its securities again on May 11, 2017
until the problem are solved. (Details of RICH's news dated March 1, 2017 and
March 9, 2017)

According to RICH's notification, Board of Directors Meeting has the resolution 
to allow Business Rehabilitation under the Bankruptcy Act, according to the
order of the Central Bankruptcy Court. (Details of RICH's news dated April 5,
2017) The SET will proceed as follows:

1. Allow the trading of RICH's securities from April 10, 2017 to May 9, 2017. In
addition, according to Clause 29 (1) and (3) of the Regulation of the Stock
Exchange of Thailand Re: Trading, Clearing and Settlement of Securities in the
Exchange B.E.2555 (2012), the SET will temporarily expand the daily price limit
on April 10, 2017 of RICH to be 100% of its last trading price and the daily
price limit of RICH-W1 to be 100% of RICH last trading price multiplied by its
exercise ratio to allow the market mechanism to work properly.

2. Post the "SP" sign to prohibit the trading of RICH's securities from May 11, 
2017 until the problems are solved. By virtue of Clause 7(4) of the Regulation
of the Stock Exchange of Thailand Re: Rules, Conditions and Procedures for
Temporary Suspension of Listed Securities Trading B.E.2555 (2012), RICH has to
submit the rehabilitation progress report to the SET on a quarterly basis, or on
 the due date for submitting financial statement until the problems are solved.

The SET would like RICH's shareholders and investors to follow up the progress 
of RICH onwards.
______________________________________________________________________