News Detail

Date/Time
30 Jun 2022 08:28:00
Headline
SP SIGN POSTED AGAINST SECURITIES OF HYDRO
Symbol
HYDRO
Source
mai
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                Sign posted

Subject                                  : Suspend (SP) sign posted
Security Symbol
  - HYDROTEK PUBLIC COMPANY LIMITED (HYDRO)
Sign posted                              : SP
Sign posted on (date)                    : 04-Jul-2022
Reason                                   :
The company's capital reduction affects the number of shares held by all 
shareholders and the number of shares in the trading system.
Remark                                   :
According to the Annual General Meeting of Shareholders of Hydrotek Public 
Company Limited (HYDRO) held on April 25, 2022, it was resolved to approve the
reduction of registered capital and paid-up capital amounted to 311,925,504 baht
from the registered capital of 623,851,008 baht, a new registered capital of
311,925,504 baht by reducing 311,925,504 shares with a par value of 1 baht per
share, in accordance with the proportion of 2 existing ordinary shares per 1
ordinary share after the capital reduction to clear the accumulated loss and
fixed date to determine the list of shareholders whose capital has been reduced
(Record date) on July 5, 2022.     
This is because the capital reduction by reducing the number of shares may 
affect the number of shares held by each shareholder and the number of shares
under the trading system of the SET during the company has not yet registered
its capital completely. Therefore, HYDRO has requested for an SP (Suspension)
sign against HYDRO's securities from July 4, 2022 until the process of capital
reduction has been completed. (Details as shown the company's news on March 9,
2022, April 25, 2022, and June 29, 2022 respectively.)
By virtue of Clause 7 (1) of the SET's Rules, Conditions, and Procedures for 
Temporary Suspension of Listed Securities Trading, therefore, the SET has
temporarily suspended trading of HYDRO's securities effective from July 4, 2022
until the process of capital reduction has been completed.
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