2023-06-30 03:56:03
Stock news10:442023-06-30
Representatives of shareholders Stark Corporation Public Company Limited (STARK) called on the current management to reveal solutions to the crisis within today. Because it is the last trading day, STARK stocks before the long SP arm is not waiting for a decision until July 19, as the management informed the Stock Exchange of Thailand (SET). The SET has postponed the establishment of SP to allow retail investors to have sufficient information to make a decision.
Mr. Nuttawut Rungwong, President of Investment Advisory Securities Tontharn Corporation said that Mr. Vonnarat Tangkaravakoon, Acting Chief Executive Officer of STARK, proposed 4 ways to solve the crisis, which will take time to find a conclusion by July 19th. More than 11,000 people were affected. Because the SET requires that STARK stocks be traded today as the last day before long SP, with insufficient information for making important decisions.
If the STARK management team chooses the 3rd approach, which is to increase the registered capital both from existing shareholders or new investors It should be announced clearly at the latest, for example, if increasing capital to existing shareholders. Will Mr. Vonnarat’s group maintain the same proportion or not? Or if selling a new person, it must be clearly announced who it is, such as TOA group or alliance, and has increased capital until the shareholders’ equity has returned to add money to circulate the business or not.
But if the management team will make it clear today that it will choose bankruptcy The small shareholders will have to decide to sell it. Even though it’s almost worthless. and gradually proceed to sue for damages for compensation
“If the answer is clear today, 11,000 minority shareholders may have the option to hold their shares. in order for the business to recover The stock in hand may return to value. But if there is no answer today Have to wait for July 19, there is no clarity. Then the way to increase capital failed. Have to go to the next way is to file bankruptcy. If minority shareholders hold it, the risk becomes zero.”
By InfoQuest News Agency (30 June 2023)
Tags: STARK, Stark Corporation, Thai stocks
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