Bangkok, March 21, 2016 ? The SEC has ordered Chewathai Public Company Limited (CHEWA) and its financial advisor RHB Securities (Thailand) Public Company Limited to clarify their disclosure, via media interview, of additional information beyond what appears in the filing of CHEWA initial public offering. The cooling period of the IPO, as a result, has been suspended due to the inconsistent disclosure. 

With reference to the interview given by CHEWA executive and RHB financial advisor, which appeared on several newspapers on 16 March 2016, CHEWA had been approached with a takeover proposal for a real estate project. The IPO offer price was also mentioned in the interview, but not provided in the registration statement and draft prospectus even though such material information could influence investors? decision making.

The SEC therefore instructed CHEWA and RHB to clarify the information given in the interview and include it along with sufficient details in the IPO filing for the benefit of investors? decision making. Meanwhile, the suspension of the cooling period will be lifted only after CHEWA completely clarifies and provides equal and identical information in the IPO filing as that given in the said media interview.