Bangkok, The Stock Exchange warns investors to study NEP information carefully before making investment decisions. In the case that the company has ceased production and is in the process of studying a new business, please carefully study NEP 's information in detail, such as financial status, operating results. Auditor's opinion, past news, etc. The Stock Exchange asked NEP Real Estate Company and Industry Public Company Limited (NEP) clarified information regarding the termination of production, and later NEP clarified the fact that that the company board has resolved to approve the business plan for 2024 to end the production of plastic sacks and flexible packaging and lay off employees in many lines of work /Stop the production and sales process on February 23, 2024 with the board approving the business plan related to the environment. The time frame for summarizing the new business investment plan is set for August - September 2024. Therefore, the company has stopped all production. And there will be n o income from main business operations since June 2024 and is still studying for new businesses. It is considered to be information that is important to the Company's core business operations which may affect operations. and the company's financial position. At present, NEP is marked C in the case of the financial position due to shareholders' equity being less than 50% of the paid-up capital, which investors must purchase with a cash balance account. Source: Thai News Agency
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