The Stock Exchange of Thailand (SET) has observed unusual trading patterns in the securities of DV8 pcl (DV8) which exhibited abnormal price momentum diverging markedly from late April 2025.
The prices of DV8 have sharply and continuously increased (triggering the ceiling limits for several consecutive days) since May 7, 2025 until present, with significant deviations in the trading value and the company’s P/E and P/BV ratios as detailed below.
On May 14, 2025 at 15.27 hrs., media outlets circulated unverified market reports citing investor sources regarding an imminent acquisition by a prominent Japanese corporation, including speculation about a forthcoming tender offer and complete board reconstitution. Subsequently, DV8 submitted clarification on May 15, 2025 at 9.09 hrs. in response to SET’s inquiry, stating that there was no development that would affect the trading volume and price of DV8 securities. The company also reported that no approach was received from prospective buyers and there was no change in its Executive Committee.
SET hereby advises investors to exercise heightened due diligence in trading DV8 securities. Investors are strongly encouraged to conduct comprehensive fundamental analysis and rely exclusively on reliable information prior to undertaking any investment decisions.
