Apex Development Public : Notification of procedures enforced on APEX facing possible delisting due to performance or financial positions (NC-Stage 2)

Date/Time

24 Mar 2022 08:43:00

Headline

Notification of procedures enforced on APEX facing possible delisting due to performance or financial positions (NC-Stage 2)

Symbol

APEX

Source

SET

Full Detailed News

                The Stock Exchange of Thailand (SET) provides procedures and guidelines for 
actions against the listed company facing possible delisting due to performance
or financial positions to undertake rehabilitation for 2 periods as follows: 1)
3 years for the elimination of the cause(s) of delisting and SET will publicly
announce the name of the company every year (NC-Stage 1 - 3). 2) 2 years for the
repossession of the required qualifications for trading resumption (Resume
Stage) if the listed company can proceed to eliminate the cause(s) of delisting.
However, if the listed company cannot proceed to eliminate the cause(s) of
delisting or repossess the required qualifications for trading resumption within
the specified periods, SET will consider delisting the securities of the listed
 company accordingly.

Apex Development Public Company Limited (APEX) is subject to NC-Stage 1, and 
still could not eliminate the cause of delisting. Therefore, SET will announce
that APEX is subject to NC-Stage 2 effective from March 24, 2022 onward.
Additionally, APEX must proceed in accordance with specified rules as mentioned
above.
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