NEX Says No Significant Development after a High Trading Value-Cash Balance Restriction

Next Point Public Company Limited (NEX) has clarified that there is not any significant development or material information that is still in process of consideration after the company had high turnover yesterday as well as last week.

 

The trading value of NEX normally closes the day around 10-30 million baht, but the value suddenly shot up last week to more than 240 million baht during 5-6 January 2021, and 529 million baht yesterday.

 

The share price of NEX dropped ฿0.40/share or 7.08% to ฿5.25/share in only a few minutes after the opening bell on Tuesday.

The Stock Exchange of Thailand (SET) implemented a “Cash Balance” measure on NEX and NEX-W2, effectively from January 12 to February 1, 2021.