News Detail

Date/Time
07 Oct 2016 09:37:00
Headline
H sign posted on NMG NBC and NINE
Symbol
NBC
Source
mai
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                Sign posted

Subject                                  : Halt (H) sign posted
Security Symbol
  - NATION BROADCASTING CORPORATION PUBLIC COMPANY LIMITED (NBC)
  - NATION INTERNATIONAL EDUTAINMENT PUBLIC COMPANY LIMITED (NINE)
  - NATION MULTIMEDIA GROUP PUBLIC COMPANY LIMITED (NMG)
Sign posted                              : H
Sign posted on (date)                    : 07-Oct-2016
Trading session                          : Morning
Reason                                   :
 SET Posts "Halt" sign on the securities as the followings;
      1) Nation Multimedia Group Public Company Limited (NMG)
      2) Nation Broadcasting Corporation Public Company Limited (NBC)
      3) Nation International Edutainment Public Company Limited (NINE)
According to the Securities and Exchange Commission (SEC) has disclosed the list
of eight persons which are 1) Mr. Pakorn Borimasporn 2) Mr. Chaveng
Chariyapisuthi  3) Mr. Adisak Limprungpatanakit  4) Miss Kaemakorn
Vachiravarakarn  5) Mr. Pana Janviroj 6) Miss Duangkamol Chotana  7) Mr. Sermsin
Samalapa  8) Mr. Suthichai Yoon having improper characteristics as specified in
the SEC Notification to be the directors and executives effective from October
6, 2016 as the public prosecutor has concluded the consideration of the case and
prosecuted the aforesaid persons on the ground that not being incompliance with
specified law for the shareholders' meeting. As a result, the aforesaid eight
persons are unqualified for holding the positions of directors and executives of
any issuing and listed companies throughout the prosecuted period.    (Detail
as the SEC's news on October 6, 2016) SET is coordinate NMG NBC and NINE to
clarify the Company action to this case. However, NMG NBC and NINE cannot
clarify the information to the SET.

Because of mentioned case will significantly affect to the management and 
business operation of NMG, NBC and NINE. Therefore, SET has temporarily
suspended trading of NMG NBC and NINE from the morning trading session of
October 7, 2016 until the companies could clarify the important information and
their effect to SET.
Remark                                   :
     
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