SET Imposes “CF” Mark on AKS and BPP Shares Due to Incomplete Distribution

Bangkok: The Stock Exchange of Thailand (SET) has announced the imposition of a "CF" (Cash on Delivery) mark on the securities of AKS Corporation Public Company Limited (AKS) and Banpu Power Public Company Limited (BPP). This decision comes as a result of the incomplete distribution of shares or units to retail investors for these companies, effective from June 4, 2026.

According to Thai News Agency, the "CF" mark is utilized by the Stock Exchange of Thailand to alert investors when a company has a free float, or fewer retail shareholders, than the required minimum. This situation may impact the liquidity of the stock. Securities identified with the CF mark must be traded using a cash balance account. This requires members to ensure clients deposit the full amount of cash with the member in advance before purchasing the security. The mark remains in effect until the issue is resolved. If, after one year, the company has not met the required distribution of shares among retail shareholders, the Stock Exchange may apply an SP (Suspension) mark to the stock.