KTC’s 30 Million Shares of Big-Lot at Nearly 30% Discount Sparks Concerns

The Stock Exchange of Thailand (SET) reported a big-lot transaction of Krungthai Card Public Company Limited (SET: KTC) in the morning session on June 25, 2025, at the amount of 30 million shares, totaling THB 540 million baht. The average price is THB 18.00 per share, which is 28% below the closing price of THB 25.00 per share on the previous session and THB 22.00 per share, the lowest trading price of today’s session.

The share price of KTC continues to plummet for the sixth trading day. Notably, KTC has 16.30% of its shares pledged in the margin account compared with paid-up shares as of 31 May 2025. Markets are speculating that the decline in Thai stock exchange could lead to a forced sale in the margin account.

During this stretch, the share price of KTC has dropped a total of 40%.