The Stock Exchange of Thailand (SET) has announced that the final day of trading for Gulf Energy Development Public Company Limited (SET: GULF) and Intouch Holdings Public Company Limited (SET: INTUCH) will be March 20, 2025, before they merge into a new entity, referred to as NewCo. Following the joint shareholder meeting on March 25, 2025, and subsequent merger registration, both companies will cease to exist as separate legal entities and will become NewCo.
The suspension period will be between March 21 – April 2 2025.
NewCo is set to apply for trading approval on the Stock Exchange of Thailand to replace GULF and INTUCH, which will be delisted.
The trading symbol for NewCo will be “GULF.” To accommodate this, during the suspension period from March 21 to April 2, 2025, GULF will change its trading symbol to “GULFI.” Thereafter, starting April 3, 2025, NewCo will officially adopt the “GULF” trading symbol.
