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Bangkok Post

Business

SET orders progress update on Stark reports

Stark SET Stark Corporation the Stock Exchange of Thailand

According to the Stock Exchange of Thailand, Stark Corporation must report progress on issues and update its situation by June 13. (Photo: Pornprom Satrabhaya)

The Stock Exchange of Thailand (SET) has told Stark Corporation to clarify its progress regarding preparation of its 2022 financial statement and a special audit report, as well as issues surrounding the company's bond payment defaults.

The wire and cable manufacturer previously indicated via the SET's disclosure system that it plans to submit the reviewed financial statements for last year by June 16. The company is in the process of appointing a team to conduct a special audit and said it expects to clarify progress on the audit by June 15.

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