Bangkok: The SET has extended another year for Thai Airways International Public Company Limited (THAI) to resolve issues that may lead to delisting of securities by 7 Mar. 2025.
As the Stock Exchange of Thailand (SET) has announced that Thai Airways International Public Company Limited (THAI) is a company that must improve its financial position and operations in Year 3 (NC Year 3) from the annual financial statements. 2020 which has been audited by the auditor. It appears that the shareholders’ equity is less than zero. THAI must take action to resolve the issue and may be delisted by March 7, 2024.
The company has requested an extension of time to the Stock Exchange. which the Stock Exchange Has considered extending the time to correct the reasons that may be revoked until March 7, 2025. If the time expires and THAI Unable to process Stock Exchange May consider further delisting of securities.-516-Thai News Agency
Source: Thai News Agency