operation business as GSTEL was currently in the process of debt restructuring and seeking funds from external source with aim to enhance its balance sheet and improve their financial strength. The Company’s
working capital in their operation business as GSTEL was currently in the process of debt restructuring and seeking funds from external source with aim to enhance its balance sheet and improve their
delayed disclosure in other cases, it was apparent that POLAR had an intention to conceal material facts from the public; when the company filed a petition for business rehabilitation on 9 May 2017, it
of their assets. The SEC, therefore, filed the petition with the Criminal Court for consideration of the extension of the asset attachment period, involving nine entities, namely: the entities from
Court of First Instance and the Supreme Court. Then the defendant filed a petition to suspend the execution on July 26, 2019. The current procedure is in the process of submitting the petition and a copy
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