SET applies NC sign to CHO shares due to negative equity

Thansettakij•Economy•19h ago

Reader Briefing

The Stock Exchange of Thailand has placed CHO shares under delisting criteria and applied an NC sign due to negative shareholders' equity.

•The Stock Exchange of Thailand (SET) announced that CHO (Cho Tawee PLC) entered delisting criteria starting July 20, 2026.
•The 2025 financial statements showed shareholders' equity of negative 1,142 million baht.
•SET has applied the NC (Noncompliance) sign and maintained the SP (Suspension) sign to prohibit trading.
•CHO must submit a correction plan by August 20, 2026, and restore its financial position within 3 years.

•The Stock Exchange of Thailand (SET) announced that CHO entered criteria for possible delisting starting July 20, 2026.
•Financial statements for 2025 showed CHO had shareholders' equity of negative 1,142 million baht, while the adjusted 2024 figure was negative 40 million baht.
•The Stock Exchange of Thailand (SET) applied the NC (Noncompliance) sign and maintained the SP (Suspension) sign to prohibit the trading of CHO securities.
•CHO must disclose a correction plan, rehabilitation guidelines, or other alternatives to shareholders and investors by August 20, 2026.
•The Stock Exchange of Thailand (SET) stated that CHO securities will not be opened for trading again after the company submits its action plan.
•CHO must resolve the negative shareholders' equity issue within 3 years starting from July 20, 2026.
•If CHO cannot resolve the issue within the 3-year deadline, the Stock Exchange of Thailand (SET) may consider delisting CHO from being a listed security.

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Stock Exchange of Thailand(ตลาดหลักทรัพย์แห่งประเทศไทย)ℹ️

The regulatory body that announced the delisting criteria and trading restrictions for CHO.

Cho Tawee PLC(บมจ.ช ทวี)

A listed company whose shares (CHO) are subject to delisting criteria due to negative shareholders' equity.