Showing 1 - 10 of 21
THAI debentures downgraded to default
Pathom Sangwongwanich, Published on 27/05/2020
» Tris Rating has downgraded Thai Airways International's company rating and senior unsecured debentures to default following the Central Bankruptcy Court’s acceptance of THAI’s rehabilitation petition.
Court accepts Pace's petition
Business, Pathom Sangwongwanich, Published on 06/05/2020
» SET-listed Pace Development (PACE) and a wholly owned subsidiary have filed a business rehabilitation plan to continue development of a real estate project and transfer of ownership to customers.
GL fate still unclear ahead of court date
Business, Pathom Sangwongwanich, Published on 27/02/2019
» The Court of Appeal for Specialised Cases has not decided on an insolvency case filed against SET-listed Group Lease Plc (GL), with the next court hearing scheduled for April 26.
SEC seeks clarity on EARTH
Business, Pathom Sangwongwanich, Published on 08/11/2018
» The Securities and Exchange Commission (SEC) has extended the duration for SET-listed Energy Earth Plc (EARTH) to clarify information on the truthfulness and fair value of two coal mines for which it has rights in Indonesia.
Polaris to replace directors
Business, Pathom Sangwongwanich, Published on 22/08/2018
» The Securities and Exchange Commission (SEC) has asked shareholders of Polaris Capital Plc to exercise their rights at Sunday's shareholders' meeting.
SEC lays charges against Energy Earth
Business, Pathom Sangwongwanich, Published on 13/06/2018
» Financially beleaguered Energy Earth Plc (EARTH) has been accused by the Securities and Exchange Commission (SEC) of falsifying details related to its actual level of indebtedness in an attempt to conceal information from investors and justify entering a business rehabilitation plan.
GL files criminal case against JTA and 3 people
Business, Pathom Sangwongwanich, Published on 26/04/2018
» Group Lease Plc (GL) has filed a criminal case against J Trust Asia Pte Ltd (JTA) and three individuals on the grounds of jointly submitting a business rehabilitation petition under the pretence that GL's financial condition requires such a plan.
SEC files DSI case against POLAR over debt doubts
Business, Pathom Sangwongwanich, Published on 18/04/2018
» The Securities and Exchange Commission (SEC) has accused Polaris Capital Plc (POLAR) executives of creating an artificial debt of 3.6 billion baht with the intention of entering the company into a business rehabilitation plan, along with falsifying documents and accounting statements.
Creditors to meet on Energy Earth rehab plans
Business, Pathom Sangwongwanich, Published on 30/03/2018
» Creditors of financially beleaguered Energy Earth Plc (EARTH) will hold a meeting on April 30 to consider the business rehabilitation plan submitted to officials overseeing the company's receivership last month.
SEC takes Polaris bosses to civil court
Business, Pathom Sangwongwanich, Published on 21/02/2018
» The Securities and Exchange Commission (SEC) has proceeded with civil litigation against two executives of Polaris Capital Plc (POLAR) on the grounds of information concealment and the company halting business operations.