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Bangkok Post
Bangkok Post
Business

SET queries MORE, suspends firm

MORE SET More Return Plc Pakorn Peetathawatchai Thailand

The Stock Exchange of Thailand (SET) on Monday indefinitely suspended More Return Plc (MORE) after noticing irregular trading practices, asking the company for an explanation and requesting brokers take additional measures to monitor trade of the company's shares.

The SET put an SP (suspension) symbol on the MORE stock and suspended trading until investors are provided with comprehensive and accurate information from all sides concerned.

According to the SET statement, the bourse said it noticed irregularities on Nov 10 when trading in MORE stock rose to more than 7.14 billion baht, the highest on both the main exchange and the Market for Alternative Investment.

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