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Silent period waived on dual listing companies

The Stock Exchange of Thailand's board of directors on Wednesday decided to waive silent period requirement on listed companies with dual listing status.

Suthichai Chitvanich, executive vice president of the exchange, said the waive is in line with the rules in overseas stock exchanges and will encourage more dual listings which will increase Thai market's attractiveness.

"Foreign exchanges like Malaysia and Singapore waive the requirement on companies which have completed the silent period in the first market they are listed. This is in line with the international rules," he said.

Under the silent period, major shareholders are barred from selling their shares.

- The Nation

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Silent period waived on dual listing companies

The Stock Exchange of Thailand's board of directors on Wednesday decided to waive silent period requirement on listed companies with dual listing status.

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