North East Rubbers Public : No Right Adjustment of NER-W1
April 18, 2022 at 02:24 am EDT
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Date/Time
18 Apr 2022 13:04:08
Headline
No Right Adjustment of NER-W1
Symbol
NER
Source
NER
Full Detailed News
Right adjustment / No right adjustment
Subject : No Right Adjustment of NER-W1
Symbol : NER-W1
The full name of warrant : Warrant of NORTH EAST RUBBER PUBLIC
COMPANY LIMITED No. 1
Adjustment
The reason for no adjustment : The Company shall not adjust the
exercise price and exercise ratio because the event does not comply with
adjustment conditions as follows;
- dividend payment rate is higher than the rate which is specified in Term and
Condition
Authorized Persons to Disclose : Mr.Sakchai Jongstapongpun
Information
Position : Chief Financial Officer
______________________________________________________________________
This announcement was prepared and disseminated by listed company or issuer
through the electronic system which is provided for the purpose of dissemination
of the information and related documents of listed company or issuer to the
Stock Exchange of Thailand only. The Stock Exchange of Thailand has no
responsibility for the correctness and completeness of any statements, figures,
reports or opinions contained in this announcement, and has no liability for any
losses and damages in any cases. In case you have any inquiries or
clarification regarding this announcement, please directly contact listed
company or issuer who made this announcement.
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Northeast Rubber pcl published this content on 18 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 April 2022 06:23:03 UTC.
North East Rubber Public Company Limited is a Thailand-based company engaged in the manufacturing and sales of rubber smoked sheets, skim block rubbers and other rubber products, both in domestic and abroad. The Company provides analysis and testing of tire quality under its own operations. The Company specializes in manufacturing products in the rubber processing industry and natural rubber products for both domestic and international sales. The Companyâs products include smoked rubber sheets, rubber blocks, compound rubber and rubber mats for livestock. The Company has developed quality laboratories for testing quality control values in the production and export of block rubber. Smoked Rubber Sheet is a primary natural rubber product that has been processed by heat drying into sheets.