Bangkok: The Stock Exchange of Thailand (SET) has applied SP symbols to securities of Italian-Thai Development Public Company Limited (ITD) and TSR Living Solution Public Company Limited (TSR) due to auditors not expressing an opinion on financial statements ending on December 31, 2024. SET will remove these symbols on March 4, 2025, allowing investors to review the auditor’s opinion alongside the financial statements. The SEC may mandate amendments to these financial statements. A CS symbol remains on ITD and TSR securities, requiring a Cash Balance account for transactions until issues are resolved.
According to Thai News Agency, SET also placed an SP mark on Asia Capital Group Public Company Limited (ACAP) to give investors time to assess the auditor’s opinion and financial documents. This move is prompted by the auditor’s lack of opinion on the financial statements ending on the same date. ACAP faces potential delisting, and the SP mark will persist until delisting criteria are addressed by the company.
Furthermore, SET added CB listings for Hydrotech Public Company Limited (HYDRO) and ITD from March 4, 2025, due to consecutive net losses over three years, resulting in shareholders’ equity falling below 100% of paid-up capital for 2024’s financial year-end.
Meanwhile, SET has lifted the CS symbol from HYDRO securities as the auditor has provided an opinion on the financial statements concluding on December 31, 2024.