2024-02-28 08:33:00
The Stock Exchange posted a P sign on MGI shares, suspending trading today (28 Feb.) for another day because trading deviated from normal conditions without any supporting fundamentals. Extended the time for securities to be subject to trading supervision measures, level 3, until March 19, 2024.
The Stock Exchange of Thailand (SET) announced the Pause (P) sign on shares of Miss Grand International Public Company Limited or MGI to suspend trading for 1 business day today (28 Feb.) due to trading. Deviating from the normal situation without any supporting fundamentals causing it to fall into the level 3 trading supervision measures, suspend trading on the first business day, prohibit Net Settlement, prohibit calculation of trading limits and Cash Balance from today (28 Feb.) -19 March 2024
Tomorrow (Feb. 29), MGI shares will have their P symbol removed, but purchases will still be made with a Cash Balance account. Calculation of trading limits and Net Settlements will not be allowed until the end of the period specified by the Stock Exchange. Determined according to securities that are subject to such trading supervision measures.
After yesterday (27 Feb.) the MGI share price rose to the highest price ceiling (shilling) of 30.50% or an increase of 15.25 baht to close trading at 65.25 baht, an increase of 1,218.18% from the IPO price of 4.95 baht
In this regard, the SET announced the posting of the P sign on MGI shares in this round, which is the third round. Previously, MGI was posted the P sign for 2 rounds, the first round on 20 February 2024 and the P sign was removed on that date. 21 Feb. 2024, 2nd round on 23 Feb. 2024 and the P mark was removed on 27 Feb. 2024
Organize the Miss Grand Thailand 2024 contest earlier than last year.
MGI announced news regarding the Miss Grand Thailand 2024 contest, which this year will be held earlier than last year (2023), starting from March 3 – April 6, 2024, in order to recruit candidates. Who will be in the final 10 positions, who will become artists under the company. Including being the representative of Thailand to compete on the international stage next. and to help drive marketing activities for products under the MGI network
The company forecasts revenue to be in line with the target set. The income comes from contest sponsors. Ticket sales in each round, voting, affiliated sales competitions Including organizing other special activities
Responding to CGSI leading a group of investors to visit the actual business.
In addition, MGI informed the Stock Exchange of Thailand that From the news of the publication of information denying the introduction of a group of investors from CGS Securities Company. International (Thailand) Co., Ltd. (CGSI) came to visit the company’s business. The company received the information as advice from the Deputy Manager of the Stock Exchange of Thailand. In issuing such a statement
The company would like to inform you that the said information is incorrect. Because yesterday (27 Feb.) CGS Securities officials International (Thailand) brought a group of investors to visit the actual company’s business. Issuing such announcements leads to damage to reputation and credibility as well as value.
The company has assigned Mr. Nawat Isra Kraisil, Chief Executive Officer, to file a complaint with the police at Bang Kaeo Police Station, Samut Prakan Province. In the offense of 10,000 negligence False data has been successfully imported into the computer system. since yesterday In order to protect and preserve the rights of the company. The company will inform the shareholders and the Stock Exchange of Thailand of the information regarding the litigation once more.
Incidentally, securities companies CGS International (Thailand) announced that according to news in the media referring to CIMB Finance and Securities Company, 30 investors were brought to visit Miss Grand Company. International Public Company Limited (MGI) to listen to lectures and strategies of that business.
CGS International Securities (Thailand) Company Limited would like to inform you that the company does not act on behalf of the company or promote such actions in any way. Strictly according to the guidelines set by the company.
In addition, the company would like to further inform that the company’s name is “Securities Company. CGS International (Thailand) Company Limited” is not CIMB Finance and Securities Company as shown in the news.
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