Shares of Stark Corporation (STARK) return to trade for a period of one month starting on Thursday for cash accounts, but the suspension (SP) sign will be reposted on the stock from July 1 if the company fails to submit its complete financial statements by that date, says the Stock Exchange of Thailand (SET).
The SET suspended the company from trade on March 1 as the wire and cable manufacturer failed to submit financial statements for 2022 by the deadline. Stark has still not submitted that information, nor its financial statements for the first quarter of this year.
The company informed the SET it expects the reviewed 2022 financial statement, as requested by the Securities and Exchange Commission, to be ready by June 16.