SET Lifts Trading Suspension on Thai Airways Shares
The Stock Exchange of Thailand (SET) has made a significant announcement that is set to restore investor confidence in the national airline. The exchange has decided to officially lift the trading suspension and remove the compliance warning on the shares of Thai Airways International Public Company Limited (THAI). This crucial decision, which will take effect on August 4, 2025, marks a major milestone in the company’s financial rehabilitation. The move comes after a prolonged period of uncertainty and is a direct result of the airline’s successful efforts to resolve the issues that had led to the delisting risk. The company has now fully met all the necessary qualifications and requirements for the resumption of its shares’ trading on the exchange, demonstrating a successful turnaround in its financial standing and corporate governance, which is a key step towards its long-term recovery and stability in the market.
A Long Road to Recovery from Delisting Risk
The road to this point has been a challenging one for Thai Airways. The company had been classified as subject to a possible delisting since March 8, 2021, a decision that was triggered by its financial statement for the year 2020. This statement had revealed a critical issue of negative shareholders’ equity, a clear red flag for the stock exchange and investors that signaled severe financial distress. Over the past few years, the airline has undertaken a comprehensive business rehabilitation plan aimed at restructuring its finances, improving its operations, and restoring its overall financial health. Through these dedicated efforts, the company has successfully addressed the underlying financial problems that led to its non-compliance status. The successful resolution of these issues paved the way for the company to submit a formal request to the SET to lift its delisting status and allow its shares to be traded once again, marking a new chapter for the company.
Reinstatement Paves the Way for Investor Confidence
The reinstatement of Thai Airways’ shares on the SET is a monumental development that is expected to restore a significant level of investor confidence. The lifting of the trading suspension provides shareholders, both new and old, with the opportunity to trade their shares in a liquid market again. This resolution of the delisting risk is a powerful testament to the airline’s successful restructuring and its commitment to long-term financial stability. It not only marks the end of a long period of uncertainty for the company but also sends a clear signal to the market that the airline is back on solid footing. This move could potentially attract new investors and serve as a case study for corporate turnarounds in the region, showcasing how a strategic and disciplined approach can lead to a successful financial recovery and the restoration of market credibility, ultimately benefiting the company and its stakeholders.
