News Detail
Date/Time
01 Oct 2021 08:56:00
Headline
SET announces additional cause for possible delisting of PACE from failure to submit the financial statements of the year 2020 within specified deadline
Symbol
PACE
Source
SET
The Stock Exchange of Thailand (SET) announces additional cause for possible delisting of Pace Development Corporation Public Company Limited (PACE) because PACE has failed to submit the financial statements of 2020 ended December 31, 2020 to SET within specified deadline which is later than 6 months from the due date, March 31, 2021, resulting in the additional cause of possible delisting as SET's regulation Re: Delisting of Securities B.E.2542 (1999) clause 9 (3) and 9 (5). As a result, SET announces additional cause of possible delisting on the company's securities since October 1, 2021. Currently, PACE is still unable to eliminate the cause of possible delisting as the equity is negative (NC Stage 2) which PACE is required to remove all causes of delisting and also repossess the qualifications in order to resume trading for each cause. ______________________________________________________________________