The Stock Exchange of Thailand (SET) in cooperation with the Association of Securities Companies Open an urgent press conference on the irregularity of securities trading of More Return Public Company Limited (MWY) because during the last weekend there was a lot of news about MORE and there was an anomaly and could cause confusion. Therefore, for investors to have the opportunity to obtain information about MORE securities from all relevant parties accurately and completely. So the SET decided to suspend trading of MORE securities today (November 14, 2022).
In this regard, the SET has followed MORE to clarify information and warned investors to be careful when trading since Thursday, November 10, 2022, including asking member companies to increase measures to supervise trading in securities of such.
Following that, the UDG has discussed with the member companies. Anti-Money Laundering Office (AMLO) and the Securities and Exchange Commission (SEC) to investigate transactions involving MORE securities that may be considered unusual transactions. This may affect some member companies to varying degrees. It depends on the size of the member company and the number of transactions made through that member company. At present, all member companies are still able to provide services to investors as usual.
However, the UDG would like to inform that despite such unusual events, however, the work of clearing and settling all securities between the member companies and the clearing house will continue as usual. As for the settlement between buyers and sellers, the securities company still needs to monitor whether it can proceed as scheduled today or not.
The UDG would like not to disclose any events that have happened to MORE stocks in the past. states that it will affect the audit