The Stock Exchange of Thailand (SET) has placed SP (suspension) and CB (cash balance) signs on securities of Italian-Thai Development Public Company Limited (ITD) and TSR Living Solution Public Company Limited (TSR). This decision follows the companies' failure to obtain auditor conclusions on their financial statements for Q3 ending September 30, 2024, along with reported shareholder equity dropping below 50% of paid-up capital.

The SP suspension began on November 15, 2024, and will be lifted on November 18, 2024. This pause aims to allow investors time to review the auditors' opinions and accompanying notes on the financial statements. The Securities and Exchange Commission (SEC) may also require the companies to amend their financial reports.

Additionally, SET has maintained the CS (cautionary) designation for ITD and TSR due to the unresolved financial statement issues. The CB sign, requiring cash-only purchases, remains in effect as shareholder equity falls below the 50% threshold, starting from November 8, 2024, until these financial discrepancies are resolved.