News Detail

Date/Time
27 May 2020 08:34:00
Headline
SET announces the procedures for POLAR in order to process for elimination the grounds for delisting
Symbol
POLAR
Source
SET
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                The Stock Exchange of Thailand (SET) announces the procedures for Polaris 
Capital Public Company Limited (POLAR) in order to process for elimination the
grounds for delisting as the company fails to submit the financial statements
within specified deadlines  as the following.

(A)     Extend the period to appoint the auditor for the year 2017 to 2019, which 
the company must have the board of directors' resolution to appoint the auditor
for the year 2017 to 2019 within May 31, 2020 or the resolution of the
shareholders' meeting to approve the appointment of the auditor for the year
2017 to 2019 within June 20, 2020 as POLAR informed.
(B) The company must submit the financial statements of Q1/2017 to Q1/2019 which
have been reviewed or audited by the auditor who is appointed by the
shareholders' meeting within the same deadline which is January 31, 2021.

However, if POLAR is unable to appoint the auditor for the year 2017 to 2019 
within the specified deadline or unable to submit the financial statements
within periods as mentioned above, SET may consider delisting the companies'
securities from the Exchange accordingly.
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