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Wednesday, September 30, 2009

CLARIFICATIONS TO THE STOCK EXCHANGE

News from The Stock Exchange of Thailand often makes for interesting reading from a media industry perspective. Every time incorrect information is published it's usual for the company concerned to issue a statement clarifying such news.
In terms of incorrect information it's the Thai language stock newspaper Thunhoon that gets most mentions. This month alone there have been five mentions (here, here, here, here and here) where companies have been obliged to correct stories that have been published by this newspaper.
All of these stories have the potential to impact stock prices, hence the need for the companies to clarify incorrect or misleading stories.

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