partially used to pay the trade creditors and other creditors 2. A decreased of the investment in the trading securities in a debt fund in the amount of THB 200 million 3. A decreased of the trade debtors and
income. In addition, many GSTEL creditors are filing lawsuits against the company for debt repayment. IFA therefore views that it is unnecessary to extend the repayment period as the extension is
contracts with creditors for debt restructuring without being considered as a cause of default under the Terms of Rights; Agenda Item 2: Consideration for approval of an extension of the maturity
improved relations with workers, creditors, and other stakeholders. Better investor protection can lower the cost of capital and encourage companies to list and raise funds through equity markets. It is
Subsidiary Company”) to the Debenture Creditors at the Central Office for Machinery Registration, Department of Industrial Works, Ministry of Industry in order to swap the debenture of Rich Asia Corporation
99.57 million become overdue. Due to liquidity problem and receiving notices demanding for payment from major creditors, thus to prevent bankruptcy situation, GSTEL had submitted the petition requesting
Financial Reporting Standards (TFRS) and conservatism assumption; to this regard, the Company recorded an additional debts, amounting 670 million Baht, for 3 creditors who entered into the compromise
as follows: (1) issue notices to the creditors whose names appear in the accounts and related documents of the mutual fund, instructing them to submit demand for debt repayment to the liquidator within