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Aug. 4--The board of the Securities and Exchange Commission will start hearings on the listing proposal of Thai Beverages on the Stock Exchange of Thailand next Wednesday.
The SET earlier this week announced it was delaying a decision on the Thai Beverages listing pending clarification from the SEC on the potential impact of allowing an alcohol producer to enter the market.
In a statement released yesterday, the SEC said next week's meeting would include a preliminary review of the information presented by listing opponents.
"In any case, given the sheer volume of information involved, time will be needed to gather and analyse the information ...