Thai Stock Exchange Grants Thai Airways 1-Year Extension before Delisting

According to SET’s announcement that Thai Airways International Public Company Limited (SET: THAI) is the company which the performance or financial position falls into the criteria for possible delisting (NC Stage 3) due to the audited financial statements for the year ended 2020 which shown that the equity is negative, and THAI must eliminate the ground for delisting within March 7, 2024.

However, THAI had requested for time extension. SET has considered its information and explanation; therefore, SET would like to announce the time extension for THAI to eliminate the ground for delisting until March 7, 2025. In case THAI is unable to eliminate the ground for delisting within a specified period. SET may consider delisting the company’s securities accordingly.