RS Insists on Market-Driven Stock Decline, Reiterates Strong Business Fundamentals

RS Public Company Limited (SET: RS) has disclosed a statement through the Stock Exchange of Thailand regarding the consecutive decline of its share price for the second day.

RS has affirmed that the decline in stock price was driven by market mechanisms and external factors, which have no impact on the company’s business operations and financial position. Regarding certain media reports claiming that the company’s executives were involved in forced sell of securities, RS noted that it is unaware of such allegations and is currently investigating the matter. Furthermore, RS has confirmed that there are no internal factors affecting its operations, and the business continues to proceed according to its vision and strategic plan outlined for 2025. 

RS has reiterated that it remains steadfast in seeking new opportunities, aligned with its mission to enhance happiness and well-being (Life Enriching). RS operates transparently to ensure the sustainable growth of all businesses under its umbrella.