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SET To Allow Companies In The REHABCO Sector To Trade With Conditions To Enhance Opportunity For Fundraising And Rehabilitation

Date 24/07/2003

The President of the SET, Mr. Kittiratt Na-Ranong disclosed that, the SET Board on July 23, 2003, passed a resolution to provide room for companies in the REHABCO sector to trade again, given that the alternatives are suitable for solving their problems.

"The SET Board of Governors has considered ways to provide room for REHABCO companies to start trading shares again if their trading break hinders their fundraising and rehabilitation. The SET is ready to consider cases individually and determine requirements suitable for solving their problems in order for them to proceed before being allowed to trade again."

"Providing room for REHABCO companies to trade their shares again with conditions will help facilitate the fundraising and rehabilitation of the companies whilst also taking into account reducing the risk involved for their investors," Mr. Kittiratt said.

He also added that the management of the SET may have to propose additional conditions to relax rules to allow REHABCO share trading or allow currently active REHABCO shares to be traded in their normal sectors to the executive board or the SET board in certain cases.