SET announces that THAI has entered the period for repossession of qualifications in order to resume trading (Resume Stage) Facebook Line X Copy link

SET announces that THAI has entered the period for repossession of qualifications in order to resume trading (Resume Stage). According to the announcement of the Stock Exchange of Thailand (SET), THAI AIRWAYS INTERNATIONAL PUBLIC COMPANY LIMITED (THAI) is subject to mandatory rectification of financial status and performance as the equity is negative. The company is obliged to proceed in compliance with the applicable rules as specified. Since THAI could eliminate the cause of possible delisting, THAI has submitted its 2024 financial statements which show that shareholders' equity is greater than zero. The SET will proceed as follows. 1. Announce the entry of THAI's securities into the trading resumption stage (Resume Stage) starting from March 12, 2025. 2. THAI will be granted a two-year period during which the company must repossess the required qualifications for trading resumption by March 7, 2027. If THAI is unable to repossess the qualifications in order to resume trading within the specified period, SET will propose to the SET's Board of Governors to consider delisting the company's securities accordingly. Meanwhile, SP and NC signs remain posted on THAI's securities until THAI is able to repossess the qualifications in order to resume trading. ------------------------------------------------------------------- Procedures for actions against the listed companies 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 causes for delisting. 2) 2 years for the repossession of required qualifications in order to resume trading (Resume Stage) if the listed company can eliminate the causes of possible delisting as no.1). However, if the listed company cannot eliminate the causes of delisting or repossess the required qualifications in order to resume trading within the specified periods, SET will consider delisting the securities of the company accordingly. ______________________________________________________________________

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