global financial market have begun to affect the Thai financial market. The Bank of Thailand (BOT) has alleviated the situation through government bond purchase program amounting more than 100 billion
SEC requests that business operators implement the BCP that must cover key work systems, including the trading system, the risk control system in compliance with the Net Capital Rules and the investment management system. This includes providing a communication channel that facilitates notifying and clarifying information to clients in case of major changes to service provision.“After continuous monitoring and coordinating with the business operators, we have found that they have implemen...
operators to deal with Covid-19 situation. All of them confirm the readiness to provide services related to securities trading continuously and have business continuity plans in case of emergency. In
SEC Secretary-General Ruenvadee Suwanmongkol announced that SEC has issued a measure allowing asset management companies to borrow money or enter into a repurchase transaction agreement to better manage liquidity of fixed income funds and mixed funds that invest at least 60 percent of the net asset value in debt securities. The limit for such transactions is increased from 10 percent to 30 percent of the NAV at daily closing. This liquidity boosting option is valid until 30 April 2020, as...
AGM of unitholders of funds and REITs CMSB has granted a deadline extension to 30 June 2020 or four months from the end of the financial year, whichever comes later. If the situation persists, SEC
The Capital Market Supervisory Board (CMSB)’s meeting, chaired by SEC Secretary-General Ruenvadee Suwanmongkol, passed a resolution yesterday to facilitate listed companies and securities issuers who have to postpone their annual general shareholders’ meeting – and are subsequently unable to appoint an auditor – due to the spread of the novel Coronavirus (Covid-19). In this regard, CMSB has allowed the affected listed companies and securities issuers to appoint an auditor on the SEC ap...
unaffected by this seismic event, with critical production infrastructure maintaining full operational status. Logistics systems for raw materials and finished goods continue to function normally.Regarding the
situation that has been continuing to adversely affect sales performance of the Company. Export sales decreased by 44.5% due to customers in India, ASEAN, and America cut their orders considering lack of
impact of the COVID-19 in the periods going forward as the situation is still evolving. It is, however, certain that Thailand and worldwide measures against spread of the COVID-19 will have adverse effects
million, increased by 3.2% mainly due to writing off the obsolete finished goods. As a result, the company reported net loss of Baht 8.1 million compared with a profit of Baht 6.6 million in the same