On 10 January 2024, the Central Bankruptcy Court ordered the business rehabilitation of ACAP and designated the company as the plan administrator. Pursuant to the Bankruptcy Act B.E. 2483 (1940), the next step is for creditors to submit a request for debt repayment to the official receiver of the Legal Execution Department, within one month from the publication date in the Government Gazette on 12 February 2024. The deadline falls on 12 March 2024.* Missing it could result in the bondholde...
The Central Bankruptcy Court issued an order to IFEC on 29 January 2024 for the business rehabilitation and determined the company as the plan administrator. Pursuant to the Bankruptcy Act, B.E. 2483 (1940), the next step is for creditors to submit a request for debt repayment to the official receiver of the Legal Execution Department within one month from the publication date in the Government Gazette on 27 February 2024. The deadline is set on 27 March 2024*. In order to prevent the holders...
On 6 February 2024, the Central Bankruptcy Court issued an order of total receivership of ALL. Pursuant to the Bankruptcy Act, B.E. 2483 (1940), the next step is for creditors to submit a request for debt repayment to the official receiver of the Legal Execution Department within two months from the publication date in the Government Gazette on 20 February 2024. The deadline is set on 22 April 2024*. In order to prevent the bondholders from losing their right to the debt repayment, the SEC is th...
On 8 February 2024, the Central Bankruptcy Court issued an order to Phelps Dodge for the business rehabilitation and appointed EY Corporate Advisory Services Co., Ltd. as the plan administrator. Pursuant to the Bankruptcy Act, B.E. 2483 (1940), the next step is for creditors to file for debt repayment with the official receiver of the Legal Execution Department within one month from the publication date in the Government Gazette on 11 March 2024. The deadline is set on 11 April 2024*. In this...
The SEC encourages WORLD shareholders to study information and exercise their voting right at the extraordinary shareholders’ meeting on 7 May 2024 in the case where WORLD will seek approval for a sale of 48.99 percent of the ordinary shares of WIE, the sole subsidiary of WORLD, to NAUTIC, which is a listed company on Catalist* under the Stock Exchange of Singapore. NAUTIC is a related party of WORLD with mutual shareholders. In this regard, NAUTIC will pay for WIE ordinary shares by issuing 52,...
, which requires at least three fourths of the total voting shares of the attending shareholders, excluding those with a conflict of interest. The SEC advises MACO shareholders to study the
of the inability to construct the plant and to comply with the obligations of the water supply contract with PWA. SEC therefore advises the UREKA shareholders to study the information carefully
W’s Board of Directors has resolved to approve Domino Asia Pacific Company Limited, subsidiary of the company, to enter into transactions for the acquisition of DOMINO’S PIZZA business in Thailand with Dominos (Thailand) Company Limited and FC Commissary Company Limited, and to enter into the Master Franchise Agreement with Domino’s Pizza International Franchising Inc. as a transferee with the exclusive right to open, administer and develop the pizza restaurant business under the tradename DOMIN...
three fourths of the attending shareholders with the voting right, excluding the votes of the shareholders with a conflict of interest.SEC therefore advises NBC’s shareholders to study the details of