Stock Exchange A Pause (P) signal was posted to cease trading in MGI stocks on February 28. Trading was found to be abnormal with no supporting fundamentals. Meanwhile, the company has announced that it will speed up the organization of the Miss Grand Thailand 2024 competition, confident that the revenue will reach the target.
stage Miss Grand shares Still in chaos after Thailand’s stock market Closed for trading today (27 February) The Stock Exchange of Thailand (SET) announces the posting of the Pause (P) sign or suspension of stock trading. Miss Grand Public Company Limited International (MGI) on February 28, 2024, then the mark will be retired on February 29, 2024.
The SET reasoned that trading in MGI shares deviated from normal conditions without any supporting facts. until it falls within the scope of Level 3 trading supervision measures
Note : Trading break for 1 business day as stated above. On the next business day, purchases with a Cash Balance account are still required, trading limit calculations are prohibited, and Net Settlement is prohibited until the period specified by the SET expires.
Around the same time Miss Grand International PCL. Notifying the Stock Exchange Regarding the Miss Grand Thailand 2024 competition, which will be held this year earlier than last year (2023).
It will start from March 3 to April 6, 2024 to select the last 10 people who will become artists under the company. Including being Thailand’s representative to compete on the next international stage. and to help drive marketing activities for products under the MGI network
The company anticipates that the revenue will be in line with the target set. The income comes from the sponsors of the competition. Ticket sales in each round, voting, related sales competitions including organizing other special activities
Read more news
#SET #suspends #trading #MGI #shares #February #company #announces #speed #organization #Grand #Thailand #pageant
