2023-12-14 07:44:15
Stock news 2:33 p.m. 2023-12-14
The Stock Exchange of Thailand (SET) clarified today’s news stating that “One company found evidence of Naked Short Selling after closing the shareholder register. It was discovered that a total of 20 million shares of one shareholder were missing without lending the shares.”
Stock Exchange I would like to inform you of the inspection results as follows:
1. From fact checking It was not found to be a Naked Short Selling transaction because the seller had shares in possession before selling in an amount greater than the amount sold. The transfer was received before sending the sales order. which the Stock Exchange Evidence has been received from those involved.
2. On November 1, 2023, the said company notified the Stock Exchange of Thailand regarding “notification of having a new major shareholder” with a change in shareholding consistent with the transaction in item 1.
In this regard, the Stock Exchange Transactions are continuously monitored. By emphasizing standards for overseeing the operations of those involved in the capital market. To prevent actions that do not meet the criteria If any wrongdoing is found or is in violation of the regulations. There will be further disciplinary punishment.
The SET has disclosed a letter from Sabai Technology Public Company Limited (SABUY) dated November 1, 2023 stating that the company has received a report from a major shareholder of the company regarding securities trading transactions. Company By Mr. Anonchai Weeraprawat, 20.585 million shares were transferred or equivalent to 1.11 percent of the number of shares with voting rights after deducting treasury shares to GEM Global Yield LLC SCS (GEM), which is a fund from United States
Mr. Anonchai still holds 227,815,000 SABUY shares, accounting for 12.30%.
GEM is a fund established in the year 2012. 1991 is headquartered in New York, USA. With an investment size of 3,400 million US dollars or approximately 122,400 million baht, GEM has managed investments with a variety of tools and has invested in 570 companies located in 70 countries on 5 continents, emphasizing the importance of with emerging markets In addition to investing in attractive companies in the US, Europe and the Middle East.
In Asia, GEM has also invested in companies in countries such as China, Singapore, India and South Korea in companies with interesting businesses and high potential, such as Changing World Technologies Inc. (which converts food waste into water). It’s diesel. Can be recycled -Renewable Diesel Oil) Neos Ocular (laser technology for correcting farsightedness caused by aging); Ansen Electronic (an electronics manufacturing company in Hong Kong that does both ODM, developing its own products for customers, and OEM, contracting to produce products according to specifications). order production of customer products); Willard Marine Inc (Navy products Marine Corps and the U.S. Coast Guard) and Energy Exploration Technologies Inc. (battery and lithium technology).
By InfoQuest News Agency (14 Dec. 2023)
Tags: Naked Short Selling, SABUY, SET, Stock Exchange of Thailand, stock market, Sabai Technology, Thai stocks
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