รายละเอียดข่าว

วันที่/เวลา
22 ก.ย. 2560 08:47:00
หัวข้อข่าว
SP and NP posted in case of unable to reach a conclusion on auditor's report for the rectified quarterly financial statements ending September 30, 2016
หลักทรัพย์
KC
แหล่งข่าว
SET
รายละเอียดแบบเต็ม
คลิกที่นี่เพื่อดาวน์โหลดรายละเอียดข่าวรูปแบบเต็ม
                Sign posted

Subject                                  : Suspend and Notice pending (SP and 
NP) signs posted
Security Symbol
  - K.C. PROPERTY PUBLIC COMPANY LIMITED (KC)
Sign posted                              : SP
Sign posted on (date)                    : 22-Sep-2017
Trading session                          : Morning
Sign posted                              : NP
Sign posted on (date)                    : 25-Sep-2017
Trading session                          : Morning
Reason                                   :
As the company's auditor was unable to reach a conclusion on the firm's 
rectified financial statements for the quarterly financial statements ending
September 30, 2016, the SEC may require that the company amends its financial
statements. SET, therefore, remains "NP" sign until the company is able to
submit its amended financial statements or the SEC concludes that the company
doesn't has to amend its financial statements.
Remark                                   :
SP and NP posted in case of unable to reach a conclusion on auditor's report for
 the rectified quarterly financial statements ending September 30, 2016

Previously, the Stock Exchange of Thailand (SET) has posted SP (Suspension) and 
NP (Notice Pending) signs on the securities of K.C. Property Public Company
Limited (KC) because KC failed to submit the financial statements and the
rectified financial statements as required by the Securities and Exchange
Commission (SEC) and the SET within specified deadline.

Currently, KC has already submitted the rectified quarterly financial statements
ending September 30, 2016. However, the company's auditor was unable to reach a
conclusion on its financial statements. It can be considered that the numbers
presented on the financial statements, which represent KC's financial status and
operating outcome, may not properly reflect the actual position of the company.
Therefore, the SEC may consider requiring the company to amend its financial
statements on the issues raised by its auditors. In addition, KC has failed to
submit the quarterly financial statements ending March 31, 2017 and June 30,
2017.

Those mentioned issues significantly affect to the investors' investment 
decision. Therefore, the SET has remained posting SP and NP signs on KC's
securities until the company completely submits the financial statements or the
SEC concludes that the company is not necessary to amend its financial
statements.
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