amended the former Bankruptcy Act, with major changes as listed below. 1. To be consistent with the Business Security Act, B.E. 2558 (2015), the term “secured creditor” has been redefined to include secured

and period of time. Clause 33 In the case of secured bonds, whether the collateral of such bonds is provided at the time of making an offer for sale of such bonds or thereafter, the collateral of such

bring about multiple risks that are more severe, more complex, and with a more Given the hyperconnectedness of businesses within the ecosystem, businesses may gain benefits but may also be exposed to

tourist arrivals due to the Coronavirus Disease 2019 (COVID-19) outbreak and slowing Chinese economy. Meanwhile, domestic factors include severe droughts and the delay on government budget approval

time last year. Industrial sales volume increased by 23 million liters (+4%) due to the same period of the previous year where Thailand experienced a severe drought which significantly reduced fuel

more than the period of approval; (3) in case the demeanor, being within the scope of prohibited characteristics in Group 3 under Clause 31, is not severe or has occurred for more than 10 years up to the

characteristics in Group 3 under Clause 31, is not severe or has occurred for more than 10 years up to the date when such fact appeared to the SEC Office, the SEC Office [i] may not consider such case as a ground

Public Administration to limit the impact of the virus. Nevertheless, the impact on the overall economy are more severe than expected. The economic slowdown situation has indeed affected our performance

. (5) in any case, if the REIT manager is unable to perform duties, the trustee has to manage the REIT as necessary to prevent, desist or limit severe damage to the interest of the REIT or the entire

case of suspension order for a period not more than the period of approval; (3) in case the demeanor, being within the scope of prohibited characteristics in Group 3 under Clause 31, is not severe or has