rehabilitation process under the Bankruptcy Law B.E. 2483. The decision is hoped to be the solution to TSFC?s severe financial difficulty as it would bring about creditor protection and reduced constraints in the
rehabilitation process under the Bankruptcy Law until February 12, 2009 and ordered TSFC to inform all clients of their right to withdraw excess collateral pledged with the company. Earlier TSFC board of directors
On 8 November 2023, JKN filed a petition for business rehabilitation with the Central Bankruptcy Court. The Court issued an order accepting the rehabilitation petition on the following day, resulting
Bangkok, February 13, 2009 ? The Capital Market Supervisory Board (CMSB) granted TSFC Securities Co., Ltd. (TSFC) another extension to work on out-of ?court rehabilitation plan until July 2009 but
On 23 April 2024, the Central Bankruptcy Court issued an order to JKN for the business rehabilitation and appointed JKN as the plan administrator on 29 August 2024. Pursuant to the Bankruptcy Act
In the current context of business rehabilitation, there is a more diverse range of guidelines for restructuring debts or funds of Rehabilitation Listed Company. Therefore, to ensure that the
The SEC, having been informed of the progress of the company’s plan for fund raising with the new investors in which a business rehabilitation petition must be filed with the Court, has instructed
SEC Secretary-General Ruenvadee Suwanmongkol said that while everyone is practicing social distancing to control and mitigate the impacts of the Coronavirus disease (COVID-19), small-and medium-sized businesses still need to look for opportunities to access funding channels to keep their businesses running and supports to get them through the crisis. Since today’s ever advancing digital technology can be a great help to business fundraising, SEC will host a series of online seminar to sha...
SEC Secretary-General Rapee Sucharitakul said, “previously the comprehensive provision of counselling and advisory service on investment would be limited to private wealth only while the general public would face investment difficulties as they received a lot of information but could not analyze and compare a variety of investment products available or were advised to purchase individual products, especially those products for which the investment consultants receive high sales commissions or w...