SET reminds investors to monitor Supreme Administrative Court's ruling of 3G
22 กันยายน 2553
The SET reminds investors to carefully monitor the Supreme Administrative
Court's ruling regarding 3G licenses auction.
This refers to the news regarding the injunction previously issued by the
Central Administrative Court to suspend the 3G licenses auction and subsequently
the appeal of National Telecommunications Commission (NTC) against the Central
Administrative Court's ruling to the Supreme Administrative Court. The NTC's
appeal is under the consideration of Supreme Administrative Court. The ruling on
the case will be announced by the Supreme Administrative Court on Thursday 23
September 2010.
The aforementioned information is significant and may affect the trading of
securities of the listed companies of which their subsidiaries are qualified
bidders to participate in 3G licenses auction as per the announcement made by
NTC. The 3 listed companies are Advanced Info Service Public Company Limited
(ADVANC), Total Access Communication Public Company Limited (DTAC) and True
Corporation Public Company Limited (TRUE).
Therefore, the SET suggests that investors should carefully invest in these
securities and follow the announcement of the Supreme Administrative Court's
ruling before making investment decision in these securities.
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