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Byline: Nuntawun Polkuamdee
Dec. 2--Shares of building contractor Power-P Plc, suspended and under rehabilitation since May 2000, will transfer to the property sector on Dec 7.
Ratchasak Susewi, the chief executive officer of Power-P Plc, said the firm had met the requirements set by the Stock Exchange of Thailand and its shares would resume trade on the market next week.
Companies transferring to their original sectors from the Rehabco sector must have positive shareholders' equity, complete restructuring for at least three-fourths of their debt and post consecutive profits over three quarters.
Power-P reported nine-month profits of ...
Source: HighBeam Research, Building contractor to exit rehabilitation: Shares resume trade on...