The last day of trade in the Singapore market will be
The delisting will allow DTAC to streamline its compliance obligations, reduce its legal and compliance costs and re-direct business operations to save millions of baht per year, said Chavit Sangudomlert, head of investor relations for DTAC.
The firm listed on SGX in 1995 and on the Stock Exchange of
"The company's share volume in Singapore is only 0.3% of DTAC's total shares,"
In 2013, DTAC's trade share volume in Singapore was reduced to 400,000 compared with 1.152 million shares on the SET. In 2012, the company held 1.6 million shares in Singapore and 1.652 million shares on the SET. Back in 2011, Singapore settled 9.1 million shares and the SET 1.634 million shares.
Moreover, DTAC has not and does not intend to raise capital through the issuance of new shares on the SGX. It intends to carry out any fundraising activities on the SET.
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