EARTH to be delisted after failing to meet SET deadline
The Stock Exchange of Thailand (SET) has announced that Energy Earth (EARTH) will be delisted from the bourse, effective September 20, as the company had failed to submit its financial statements by the deadline.
EARTH will be allowed temporary trading for seven working days during September 11 - 19, 2019 before delisting. Investors are urged to exercise prudence in the trading of its stocks during the pre-delisting period.
SET will post the non-compliance (NC) sign on the stock and investors are required to purchase through cash balance account. They will have to pay the full amount in cash prior to purchasing.
Also, SET has advised investors to carefully study information such as financial positions, operating results, auditor’s opinion, major shareholders, board of directors, historical news, as well as related factors and risks before making a stock investment.
For the warrant of Energy Earth Plc No. 4 (EARTH-W4), it will not be allowed for temporary trading as its last exercise date is September 13, 2019, a day before its delisting on September 14, 2019.
