SET raises C shares on TRUEE Feb 22 after shareholder equity falls below 50% of paid-up capital : InfoQuest

Stock Exchange of Thailand Revealing the C sign, Securities Plc. True Corporation (TRUEE) on February 22, 2023 due to shareholder equity < 50% of paid-up capital For the financial statements for the year ended December 31, 2022

Currently, TRUEE is in the process of being posted an SP sign to proceed with the amalgamation process.

However, the securities with the C sign must be purchased with a Cash Balance account (that is, the member must arrange for the customer to deposit cash in advance with the member in full amount before purchasing that securities) from the sign-posting date onwards. until such causes can be resolved

Paid-up capital means paid-up capital less the discount on share capital and/or the discount from business restructuring.

by InfoQuest News Agency (February 21, 2023)

Tags: TRUEE, True Corporation

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