The Stock Exchange of Thailand yesterday suspended trading in Safari World and Siam General Factoring pending a decision on whether the two firms' financial status is cause for delisting.

The two companies' financial statements submitted for last year show their operations or financial condition might make them subject to delisting, as their shareholder equity was in negative territory.

The "SP" sign posted on their stock will stay until a conclusion has been reached, but no later than March 13.

Safari, which operates an amusement and theme park in Phuket, reported to the SET that it had made a consolidated net loss of Bt359.53 million, compared to a net profit of Bt475.28 million in 2005.

Siam General Factoring, a financial services provider, reported a net loss of Bt574.85 million last year, compared to Bt37.9 million in net profit in the previous year.

The company attributed the loss mainly to claims purchases, rental assets, loans to subsidiaries and a decrease in inventory.

The SET also put the SP sign on 11 companies that have not yet submitted their financial results for 2006 by the deadline.

Seven of them are listed in the normal sector - Power-P, Sun Wood Industries, Traffic Corner Holdings, Abico Holding, Circuit Electronic Industries, Daidomon Group and Hantex.

The other four are in the non-performing sector - Agro Industry Machinery, Datamat, Srithai Food and Beverage, and Thai Wah.