Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

SET To Introduce Caution Signs For Funds And Revise Trading Resumption Criteria For Listed Companies Under Delisting Review, Effective January 1, 2025

Date 26/11/2024

The Stock Exchange of Thailand (SET) announced the expansion of its caution sign framework for trusts, property funds, and infrastructure funds (collectively the “Funds”). Under this framework, the Funds will be subject to CB, CS, CC, and CF sign designations—a framework currently applied to listed companies—when they experience risks or incidents that could impact their financial positions, business operations or liquidity status, or demonstrate non-compliance. Trading of the Funds flagged with caution signs must be made through cash balance accounts only, and the Funds must conduct an initial public presentation within 15 days from the sign posting date and subsequently provide quarterly progress updates to facilitate prudent and informed investment decisions among unitholders and investors.

The trading resumption criteria for listed companies under delisting review have also been revised to align with the new listing standards. To qualify for trading resumption, listed companies under delisting review must satisfy the following enhanced requirements validating their financial soundness and performance.

Trading Resumption Criteria

(Unit: Million Baht)

SET

mai

Net Profit (1 year / latest 4 quarters)

from 30 to 75

from 10 to 25

Shareholders' Equity

from 300 to 800

from 50 to 100

These amendments have been approved by the Securities and Exchange Commission following market consultations, and will be effective on January 1, 2025.

For more information on updated regulations, please see the “Circular Letters - Listed Securities” topic under the “Rule and Regulations” section on the SET's website at www.set.or.th.