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Search Result for “bankruptcy court”

Showing 1 - 10 of 746

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OPINION

Hike those wages

Oped, Postbag, Published on 06/12/2024

» Re: "Panel aims to delay wage hike", (Business, Dec 5).  

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GENERAL

Govt raises stake in Thai Airways, but will not take direct control

Post Reporters, Published on 01/12/2024

» The government is set to raise its stake in Thai Airways International (THAI) but will not return the ailing airline to state enterprise status, according to a cabinet source.

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GENERAL

Thai Airways plans B44bn rights offering to exit debt plan

Published on 27/11/2024

» Thai Airways International expects to raise as much as 44 billion baht ($1.27 billion) from a share rights offering, the carrier’s final major step to exit a court-supervised debt restructuring and allow the resumption of the trading of its stock. 

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THAILAND

Funai factory's closure throws 831 out of work

Online Reporters, Published on 13/11/2024

» More than 800 people have been thrown out of work by the abrupt closure of audio-video equipment manufacturer Funai (Thailand) Co in Nakhon Ratchasima.

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GENERAL

Boost seen from Thai Airways rehab exit

Business, Nareerat Wiriyapong, Published on 22/10/2024

» Creditors of Thai Airways International (THAI), especially Bangkok Bank (BBL) and Krungthai Bank (KTB), will receive a boost from the national carrier's planned exit from its rehabilitation plan in mid-2025 as the banks are being given multiple options for debt repayment, analysts say.

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THAILAND

Thai Airways aims for stock market return by next year

News, Supoj Wancharoen, Published on 04/10/2024

» Thai Airways International (THAI) expects to exit rehabilitation and be relisted on the Stock Exchange of Thailand (SET) by the second quarter of next year, according to Piyasvasti Amranand, chairman of the airline's debt rehabilitation administrator.

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GENERAL

Thai Airways plans B42bn share sale

Published on 01/10/2024

» Thai Airways International Plc plans to issue new shares worth at least 42 billion baht to creditors and other investors by December, a major step towards exiting court-monitored debt restructuring and resumption of trading on the Stock Exchange of Thailand (SET).

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GENERAL

THAI to file restructuring plan

Post Reporters, Published on 29/09/2024

» Thai Airways International (THAI) will file its restructuring plan to the Securities and Exchange Commission (SEC) and the Stock Exchange of Thailand (SET) on Monday, paving the way for its exit from business rehabilitation after four years

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GENERAL

Tupperware files for bankruptcy protection as demand slumps

Reuters, Published on 18/09/2024

» BENGALURU - Tupperware Brands and some of its subsidiaries filed for Chapter 11 bankruptcy protection on Tuesday, succumbing to declining demand for its once-popular colourful food storage containers and ballooning losses.

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GENERAL

Greed, gluttony and the crackup of Red Lobster

Published on 10/09/2024

» In June of last year, Red Lobster announced that Ultimate Endless Shrimp — as much as you can scarf down for just $20 — would become an “all day, every day” fixture of the menu.