Showing 1 - 10 of 58
JKN sets out plan to repay bondholders
Business, Nareerat Wiriyapong, Published on 12/06/2024
» SET-listed JKN Global says it plans to repay all its liabilities owed to bondholders within five years after a strategic investor, Mexican businessman Raul Rocha Cantú, agreed to inject 1.75 billion baht to revive the debt-ridden owner of Miss Universe Organization (MUO).
Tech-led rally lifting equities worldwide
Business, Published on 24/02/2024
» RECAP: Most Asian equity markets gained for a second day on Friday, as a global rally led by technology stocks pushed markets from the US to Europe and Japan to all-time highs.
JKN bondholders call for SEC probe
Business, Nuntawun Polkuamdee, Published on 20/02/2024
» Bondholders of JKN Global Group (JKN) are asking the Securities and Exchange Commission (SEC) to conduct an in-depth investigation and expedite the seizure of JKN's assets after the company announced the indefinite postponement of a bondholders' meeting.
Asian shares advance after US tech rally
Business, Published on 03/02/2024
» RECAP: Most Asian markets advanced yesterday amid a rebound in US shares after impressive results from tech giants. But Chinese stocks fell on disappointment with the limited impact of state policy support measures to revive the economy.
JKN ordered to explain restructuring moves
Business, Nareerat Wiriyapong, Published on 02/02/2024
» The Stock Exchange of Thailand (SET) has ordered JKN Global Group (JKN) to clarify facts by next Tuesday regarding the company's shareholder restructuring and the share divestiture to a strategic partner, saying such information is not in line with its filings to the bourse.
Asian rally on pause as China news awaited
Business, Published on 27/01/2024
» RECAP: The rally in most Asian markets was interrupted yesterday, with profit-taking seen in Hong Kong and Shanghai as traders await more guidance on China's plans to support the country's battered economy.
JKN selling 50% of Miss Universe business
Published on 24/01/2024
» The struggling local media company JKN Global Group Plc has said it will sell a 50% stake in its Miss Universe business for $16 million (570 million baht).
Thai SEC tightens high-yield bond oversight after defaults, Stark scandal
Published on 22/01/2024
» Thailand’s Securities and Exchange Commission (SEC) is stepping up supervision of high-yield bonds to boost payment safeguards and investor confidence after several recent defaults and a major accounting scandal rocked the market for speculative debt, a senior official said.
SEC tightens high-yield bond oversight as investment drops after defaults, Stark scandal
Published on 22/01/2024
» The Securities and Exchange Commission is stepping up supervision of high-yield bonds to boost payment safeguards and investor confidence after several recent defaults and a major accounting scandal rocked the market for speculative debt, SEC Secretary-General Pornanong Budsaratragoon said.
Bonds worth B890bn due for redemption in 2024
Business, Nuntawun Polkuamdee, Published on 11/01/2024
» Some 890 billion baht worth of long-term corporate bonds are due for redemption this year, nearly all investment-grade bonds, with 73 billion baht holding maturity dates this month, says the Thai Bond Market Association (ThaiBMA).