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
The SEC Strategic Plan 2024–2026 prioritizes the strengthening of Thai capital market trust and highlighting the critical significance of investor confidence in cultivating a robust capital market that serves as a channel for fundraising of businesses and investment for investors. Ultimately, the goal is to achieve sustainable development, reduce inequalities. Recognizing the importance of complete, transparent, and timely IPO information for investors’ informed decision-making, the SEC aims to...
* and Form 56*. These rules have caused an unreasonable burden on these companies. SEC therefore plans to improve these rules to facilitate holding companies, which engage in various types of business
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