News Detail

Date/Time
26 Feb 2019 09:24:00
Headline
Temporary Suspension of the Trading of Shares in Group Lease Public Company Limited
Symbol
GL
Source
GL
Full Detailed News
Download Full Detailed News
                Request for trading suspension

Reference is made to the notifications to the Stock Exchange of Thailand (the 
"SET") by Group Lease Public Company Limited (the "Company") on a case regarding
J Trust Asia Pte. Ltd ("J Trust")'s filing of a petition for rehabilitation of
the Company to the Central Bankruptcy Court, where the Central Bankruptcy Court
had considered such petition and then laid down an order to dismiss the said
petition on 19 March 2018. However, J Trust later submitted an appeal against
such court's order to the Court of Appeal for Specialized Cases and the Company
submitted an answer amending such appeal on 19 September 2018.
The Company hereby notifies you that this morning (26 February 2019), the 
Central Bankruptcy Court has laid down an order to set the date for hearing of a
judgement of the Court of Appeal for Specialized Cases. In this regard, the
Company has considered and viewed that such judgement of the Court of Appeal for
Specialized Cases may affect the price of the Company's shares and may cause
inequality in the information acknowledgement, as some of the investors may use
the information derived from the judgement of the Court of Appeal for
Specialized Cases in trading the Company's shares before the Company can
disclose this formation to the public via SET Portal System.
Therefore, in order for the investors to clearly acknowledge the result of the 
judgement of the Court of Appeal for Specialized Cases, to avoid inequality in
the information the investors will receive in trading the Company's shares, and
to prevent any factual misunderstanding, the Company would like to request the
SET to temporarily suspend the trading of the Company's shares on 26 February
2019 or until the Company has duly disclosed the information on the judgement of
the Court of Appeal for Specialized Cases on the rehabilitation case to the
public.
______________________________________________________________________
This announcement was prepared and disseminated by listed company or issuer 
through the electronic system which is provided for the purpose of dissemination
of the information and related documents of listed company or issuer to the
Stock Exchange of Thailand only.  The Stock Exchange of Thailand has   no
responsibility for the correctness and completeness of any statements, figures,
reports or opinions contained in this announcement, and has no liability for any
losses and damages in any cases.  In case you have any inquiries or
clarification regarding this announcement, please directly contact listed
company or issuer who made this announcement.