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SET has temporarily allowed trading in PF, GRAND and ROH securities after suspension for over 3 months due to failure to submit financial statements, giving investors an exit opportunity. Investors should study relevant information before investing
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Sign lifted Subject : SP Sign temporary lifted Security name - GRANDE ASSET HOTELS AND PROPERTY PUBLIC COMPANY LIMITED (GRAND) - PROPERTY PERFECT PUBLIC COMPANY LIMITED (PF) - ROYAL ORCHID HOTEL (THAILAND) PUBLIC COMPANY LIMITED (ROH) Sign lifted : SP Sign lifted on (date) : From 17-Nov-2026 to 16-Dec-2026 SP Sign posted date : 17-Dec-2026 Reason : In order to provide opportunity for investors to temporary trade securities Remark : - On the first trading day of PF, GRAND and ROH (November 17, 2026), the ceiling and floor prices shall not exceed 100% of the last trading prices and the Auto Pause shall also be waived on that day. These measures will continue until a trade occurs, after which normal regulations will resume on the next business day. - The securities of PF, GRAND and ROH will be excluded from the calculation of SET index. ______________________________________________________________________ Sign posted Subject : Non-compliance (NC) sign posted Security name - GRANDE ASSET HOTELS AND PROPERTY PUBLIC COMPANY LIMITED (GRAND) - PROPERTY PERFECT PUBLIC COMPANY LIMITED (PF) - ROYAL ORCHID HOTEL (THAILAND) PUBLIC COMPANY LIMITED (ROH) Sign posted : NC Sign posted on (date) : From 17-Nov-2026 to 16-Dec-2026 NC sign lifted date : 17-Dec-2026 Reason : In order to be traded by purchasing with Cash Balance Account ______________________________________________________________________ Sign lifted Subject : "Non-compliance" sign lifted (NC) Security name - ROYAL ORCHID HOTEL (THAILAND) PUBLIC COMPANY LIMITED (ROH) Sign lifted : NC Sign lifted on (date) : 12-Nov-2026 Reason : The company is able to comply with SET regulations Remark : SET has approved ROH's removal from the possible delisting following rectification of the free float requirement, effective November 12, 2026. ROH will also be classified under the Services Industry, Tourism & Leisure Sector. ______________________________________________________________________ Caution Sign posted Subject : Sign posted CS, CC Security symbol - ROYAL ORCHID HOTEL (THAILAND) PUBLIC COMPANY LIMITED (ROH) Reason CS : - The auditor has issued a disclaimer of opinion / conclusion. Yearly Financial Statements Ending 31 December 2025 Financial Statements Quarter 1 Ending 31 March 2026 Reason CC : - There are insufficient number of audit committee members. Sign posted on (date) : 13-Nov-2026 ______________________________________________________________________ Proceed information Proceed : - The listed securities which have been posted mentioned sign(s), shall be purchased with Cash Balance account only (each member must ensure that its customers pay the full amount in cash prior to trading.) from the date of sign posting until elimination of such event. - ROH was posted with CS sign due to the auditor's disclaimer of opinion on its financial statements for the year ended December 31, 2025, effective April 8, 2026. CS sign was lifted from ROH's securities effective June 8, 2026, as ROH became subject to possible delisting due to failure to comply with the free float requirement. Although ROH has now rectified the grounds for possible delisting, the auditor continues to express a disclaimer of opinion on the company's latest financial statements. Therefore, CS sign will remain posted on ROH's securities. -ROH's audit committee has been incomplete since May 29, 2026 and the first 3 month period for appointing additional members ended on August 29, 2026. As the company still has an insufficient number of audit committee members, CC sign will remain posted on ROH's securities even after the grounds for possible delisting due to failure to meet the free float requirement have been rectified. ______________________________________________________________________ Information analysis Subject : Reminding investors to analyze Information Security Symbol - GRANDE ASSET HOTELS AND PROPERTY PUBLIC COMPANY LIMITED (GRAND) - PROPERTY PERFECT PUBLIC COMPANY LIMITED (PF) - ROYAL ORCHID HOTEL (THAILAND) PUBLIC COMPANY LIMITED (ROH) Remark : SET advises investors to trade the securities with caution and to carefully study the information regarding PF, GRAND and ROH particularly the following key information: - PF is the major shareholder of GRAND (44%) - GRAND As of Q1/2026, 94% of GRAND's revenue was derived from its hotel business. Of this amount, 50% was derived from ROH, which is a disputed asset, while 27% came from The Westin Grande Sukhumvit Hotel, which the shareholders have approved for disposal. In addition, Sheraton Hua Hin Resort & Spa is currently subject to legal proceedings involving the return of assets and payment of rent. Currently, GRAND has 13 issues of debentures with a total outstanding value of Baht 3,606 million, of which Baht 477 million is in default. - ROH generates revenue from operating the Royal Orchid Sheraton Riverside Hotel, which the company previously sold to and leased back from GROREIT. The GROREIT unitholders' meeting has approved the disposal of the hotel project to another party. In respond, ROH has filed a lawsuit with the court seeking to preserve its right to repurchase the disputed asset. Consequently, the company's hotel business operations will depend on the court's ruling. Furthermore, Investors can also study relevant information, including historical news, financial position, operating performance, type of auditor's report, major shareholders, and board of directors, as well as risks and other relevant factors, through the link below. PF : https://www.set.or.th/en/market/product/stock/quote/pf/company-profile/informati on GRAND : https://www.set.or.th/en/market/product/stock/quote/grand/company-profile/inform ation ROH : https://www.set.or.th/en/market/product/stock/quote/roh/company-profile/informat ion ______________________________________________________________________
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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