auditor into believing that the debtor owing the outstanding balance of fuel charge worth 53.62 million baht was capable of debt repayment to the company before the auditor signed off the disclosure of the
’ rights. A bondholders’ meeting serves as a crucial platform for bondholders to stay informed of important developments and to engage in decision-making on matters that may affect debt repayment. The newly
Given the prolonged period of low interest rate in the Thai bond market, many debt securities issuers are increasingly issuing for sale subordinated perpetual bonds which have more complex
event of default under the Terms and Conditions in cases where the bond issuer engages in debt restructuring negotiations with financial institutions, proposes amendments to the debt repayment schedule at
Bangkok, July 28, 2016 ? The SEC is seeking public comments on a proposed revision to the securities offering rule whereby offering of debt securities, infrastructure trust units and depository
consider and approve the following matters: (1) Exemption from an event of default for the bond issuer’s non-compliance with the requirement to maintain the Interest-Bearing Debt to Equity Ratio of
for consideration of approval as follows: (1) A waiver in the case where the bond issuer is unable to maintain an interest bearing debt to equity ratio not exceeding 3:1, as reflected in the
industries. The SEC is therefore proposing to amend the regulations on debt securities offering to support the issuance and offering of sustainability-themed bonds through crowdfunding and private
Office before each offer by providing details according to the following Forms: (1) in case of an offer for sale of debt securities of a Thai government agency, the details shall be according to Form-69
previous year. - Profit before income tax increased 61% from 28.1 million baht to 45.2 million baht as expenses decreased due mainly to 15.2 million baht provision for bad debt and 5.3 million baht loss on