The Stock Exchange of Thailand

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

Full Detailed News

                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.
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