The Thailand Securities and Exchange Commission has granted Samchai Steel Industries Public Company Limited an extension to submit a special audit report on transactions involving the sale of goods below cost, moving the deadline to 26 April 2025. The company must also disclose the report via the Stock Exchange of Thailand’s Electronic Listed Company Information Transmission System (SETLink). The SEC had previously instructed SAM to conduct the special audit and submit the report by 26 March 2025. SAM requested the extension because it is selecting an auditor from the SEC Approved List, and the SEC advised the company’s board to expedite the process given the potential impact on securities holders’ rights and benefits and on investor decisions.
Thailand Securities & Exchange Commission 2025-03-27
Thailand Securities and Exchange Commission extends Samchai Steel’s deadline to submit and disclose special audit report on below cost sales
The Thailand Securities and Exchange Commission has extended Samchai Steel Industries Public Company Limited's deadline to submit a special audit report on below-cost goods sales to 26 April 2025. The company must disclose the report via the Stock Exchange of Thailand’s SETLink. The SEC urged the board to expedite auditor selection due to potential impacts on securities holders and investor decisions.