Changing the Par Value
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Rules Summary
Changing the par value has no effects on the shareholders’ equity. However, the company may consider it as an approach to increase trading liquidity.
Subject | Details |
Type of par value change |
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Information disclosure |
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Notification of shareholders’ resolution | Within the shareholder meeting date, or the latest by 9.00 hrs. of the following business day, via SETLink |
Registering the par change |
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News announcement by SET | SET will announce the effective of par change in the trading system, which is normally the 3rd day after SET makes announcement. |