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FTSE Mondo Visione Exchanges Index:

SET Adjusts Rule For Book Closing Date Or Record Date Notification For Certain Securities

Date 24/06/2020

The Stock Exchange of Thailand (SET) has revised the disclosure period of Book Closing Date or Record Date for certain securities as follows:

  1. Property Fund, Infrastructure Fund, and Investment Trust (REIT / Trust): SET has temporarily amended the regulations, effective from June 24 to December 31, 2020, to ease the impact of the COVID-19 pandemic by enabling issuers to respond to any situation that may arise in a timely manner. The notification of the Book Closing Date or Record Date for the rights to attend the securities holders’ meeting can be made no less than five business days in advance if the issuer has resolved to schedule the Book Closing Date or Record Date within December 31, 2020, and has implemented the ID verification of securities holders for securities holders’ meeting in compliance with the Notice of the Office of the Securities and Exchange Commission (SEC).
  2. ETFs, Derivative Warrants (DWs), and Depositary Receipt (DR): To notify the Book Closing Date or Record Date for any type of rights in advance not less than five business days to be in accordance with the securities types, effective from August 3, 2020 onwards. 

Such information disclosure amendment remains to be the period of time that sufficiently enables investors to be informed to support their decision making. This amendment has already undergone the hearing process from related parties and has been approved by the SEC.

For more information, please click https://www.set.or.th/rulebook/#/circular/content/27144?lang=en