Home » Business » SET raises C shares, TRUEE after shareholder equity falls below 50%

SET raises C shares, TRUEE after shareholder equity falls below 50%

The Stock Exchange of Thailand (SET) Notification of the posting of a C sign on securities of True Corporation Public Company Limited or TRUEE Since February 22, 2023 due to shareholder equity < 50% of paid-up capital For the financial statements for the year ended December 31, 2022

Remarks: Securities with C sign posted must be purchased with Cash Balance account (members must proceed to customers to deposit cash in advance with members in full amount before purchasing that securities) from the sign-up date until the aforementioned issue can be resolved.

While paid-up capital means paid-up capital less the discount on share capital and/or the discount from business restructuring.

At present, TRUEE is in the process of being posted an SP sign to proceed with the amalgamation process.

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