Showing 21 - 30 of 40
Casting a wary eye towards the future
Business, Nuntawun Polkuamdee, Published on 03/04/2020
» Having outlived two economic crises that produced disastrous outcomes for the global economy, stockbroker turned food and drink entrepreneur Sirivat Voravetvuthikun has a warning: the coronavirus pandemic could be the worst economic crisis of his lifetime, posing an explicit danger to Thailand's economic well-being.
GL aims for 20% portfolio growth
Business, Nuntawun Polkuamdee, Published on 03/03/2020
» SET-listed Group Lease (GL) expects its loan growth portfolio to grow by 20% this year after overcoming legal issues in Singapore and Thailand, helping to unlock business operations in domestic and overseas markets.
Ruenvadee comes full circle with SEC top job
Business, Nuntawun Polkuamdee, Published on 30/11/2019
» Returning as the first female chief to the organisation that jump-started her career could be a nerve-racking experience, and high expectations are in the air, but Ruenvadee Suwanmongkol looks set to meet those lofty hopes with prepared strategies and a forward-looking perspective.
Issuers of perpetual bonds must comply with TAS 32
Business, Nuntawun Polkuamdee, Published on 28/11/2019
» Companies planning to issue perpetual bonds next year must comply with the new Thai Accounting Standards (TAS 32) because such securities will be booked as a liability, a deviation from their current status as equities, says the Securities and Exchange Commission (SEC).
Profit-making GL looks to turn the page
Business, Nuntawun Polkuamdee, Published on 02/03/2019
» SET-listed Group Lease Plc (GL) predicts a rise in this year's net profit because no extra expenses will be incurred, while insisting that the company's cash on hand is sufficient to repay its creditor later this year.
Energy Earth creditors turn to Amlo
Business, Nuntawun Polkuamdee, Published on 07/12/2018
» Some 40 bond creditors of SET-listed Energy Earth Plc (EARTH) met on Thursday with Anti-Money Laundering Office (Amlo) officials to submit a letter requesting an examination into money transactions and asset transfers conducted by the company's executives and management.
IFEC investors decry creditor rehab filing
Business, Nuntawun Polkuamdee, Published on 29/08/2018
» The Stock Exchange of Thailand (SET) has demanded that Inter Far East Energy Corporation Plc (IFEC) explain why a creditor filed a business rehabilitation petition with the Central Bankruptcy Court.
Group Lease downshifting in Cambodia, Indonesia
Business, Nuntawun Polkuamdee, Published on 16/08/2018
» SET-listed Group Lease Plc (GL) will shift its focus to Thailand and Myanmar as Cambodian and Indonesian operations are downsized because of unresolved conflicts with J Trust Asia Pte Ltd (JTA), GL's former partner and major creditor for more than two years.
Group Lease files two suits against JTA and directors
Business, Nuntawun Polkuamdee, Published on 17/05/2018
» Embattled Group Lease Plc (GL) has filed civil and criminal lawsuits against J Trust Asia Pte Ltd (JTA) following the Central Bankruptcy Court dismissing JTA's business rehabilitation petition for GL.
Court dismisses contentious GL business rehabilitation plan
Business, Nuntawun Polkuamdee, Published on 20/03/2018
» A business rehabilitation plan for Group Lease Plc (GL) filed by J Trust Asia Pte Ltd (JTA) has been dismissed by the Central Bankruptcy Court on grounds that GL is not insolvent and has never defaulted on its debt repayment.