Following irregular trading of One to One Contacts Plc (OTO) shares, the Stock Exchange of Thailand (SET) issued a warning for buyers to be cautious and study information totally. OTO, which provides outsourced contact centre providers to authorities businesses and corporations, faced a spike in buying and selling volume, mainly concentrated amongst a couple of investors.
Previously positioned under the Level 1 buying and selling rules on June 6 by SET, OTO’s share motion witnessed a decline earlier than the latest upswing on June 12-13. Treasure issued a press release advising investors to consider carefully before buying and selling in OTO shares.
The SET also requested brokers and relevant authorities coping with OTO securities to supervise trades and prevent any probably inappropriate buying and selling orders, in accordance with the Securities and Exchange Act. OTO clarified in a submitting to the SET that the inventory value fluctuations do not impression the company’s operations.
In a week, the inventory price of OTO has lowered by 54.3%, according to SET. Kanawuthi Wattanadhirach, chairman of OTO’s government committee and CEO, mentioned in a filing…
“If there are any developments that affect any of the company’s important business operations, we’ll notify traders and cling to relevant rules.”
Furthermore, OTO announced Kanawuthi’s resignation, efficient from July 1, with Bandit Sapianchai, the present deputy chairman, taking over. Bandit mentioned that OTO had inked a cooperation settlement with Wave BCG, a Wave Exponential subsidiary involved in the clean vitality enterprise, offering a full range of carbon credit trading services.
With an interest in adopting applied sciences to combat local weather change, OTO is looking to increase its enterprise into carbon credit and renewable power companies. Bandit additionally highlighted the company’s plan to develop investments in renewable power power initiatives to generate recurring income, which will assist its working efficiency in 2023, reported Bangkok Post…