What does "Abandoned" status mean?

Name: Company Data: บริษัท แอล.ไอ.ยู โปรดักส์ จำกัด
Creator: ThaiBizIndex
License: https://www.thaibizindex.com/disclaimer

Question

Accepted Answer

"Abandoned" (ร้าง) status means the company has been struck off the register, typically because it failed to file financial statements or ceased operations for an extended period.