16 Mar 2017 08:53:00
The SET removes cause of possible delisting of APX's securities and resumes its trading on "SET" from March 27, 2017 onwards.
Removal of causes of possible delisting Subject : Removal of causes of possible delisting Company name : APEX DEVELOPMENT PUBLIC COMPANY LIMITED (APX) Sign lifted : SP Reason : The company is able to comply with SET regulations Secondary market : SET Industry : Property & Construction Sector : Property Development Trading date after removes causes of : 27-Mar-2017 possible delisting Business description : property development for sale such as hotels, condos and land and villas. Moreover, APX provide service for customer to operate apartments and villas for rent, where as APX will charge a management fee and pay the investment return to the customer as contract. Financial Advisor ( in case removes : Asia Plus Advisory Company Limited causes of possible delisting) Remarks : On August 31, 1999, the SET posted SP sign to suspend the trading of APX's securities until the company's financial status and operating result problems are resolved. Hence, the latest price at Baht 2.80 per share on August 30, 1999 might not reflect the securities' value at the present. The SET requests shareholders and investors to scrutinize APX's information before making investment decision. In addition, According to Clause 29(1) and (3) of the Regulations of the Stock Exchange of Thailand Re: Trading, Clearing and Settlement of Securities in the Exchange B.E. 2555 (2012), there will be no ceiling & floor price for APX on March 27, 2017. ______________________________________________________________________