Guidelines for Supervision of Listed Companies
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Guidelines for Supervision of Listed Companies
Listing of Securities: SET assesses a company's listing application by considering both quantitative and qualitative criteria, e.g. financial position and operating performance, operational continuity, conflicts of interest, internal controls, qualified management, and distribution of minority shareholders. | |||||||||
Information Disclosure: Listed companies are required to disclose any material information which affects investors' and shareholders' investment decisions. The required disclosures can be categorized into 2 types:
Listed companies must disclose information in both Thai and English promptly whenever an important event occurs or no later than 09:00 AM on the next business day by disclosing such information through SET Portal at least one hour before each trading session opens, or after the close of the day's trading. |
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Maintaining the listing status: Listed companies are required to maintain their listing status at all times to remain listed on SET and mai. Qualifications to maintain the listing status include being qualified in terms of free float distribution, being free from conflicts of interest, having qualified audit committee, management, and auditors, etc. |
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Delisting of Securities: SET sets out criteria and conditions for delisting of securities to protect shareholder interests since delisting affects both shareholder rights and the liquidity of the shares they hold. Securities delisting can be categorized into 2 types:
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