Showing 1 - 10 of 247
Sena Development maintains B10bn annual transfer target
Business, Kanana Katharangsiporn, Published on 26/08/2025
» SET-listed developer Sena Development is maintaining its annual transfer target of 10 billion baht, despite recording only 22% of the target in the first half, as it is still confident in seeing an uptick in transfers in the latter half of the year.
Hozon, Chinese EV giant behind NETA, files for bankruptcy - what it means for Thailand
Online Reporters, Published on 23/06/2025
» On June 19, China's state-owned media outlet CCTV reported that Zhejiang Hozon New Energy Automobile, the parent company of electric vehicle brand NETA, had officially filed for bankruptcy. The filing came after a creditor sued the company over an unpaid debt of approximately 5.3 million yuan (about US$730,000), amid total liabilities exceeding 10 billion yuan ($1.4 billion).
Neta Auto banks on new investors
Published on 15/05/2025
» A new investor group is expected to take over debt-ridden Neta Auto, looking to revive the Chinese battery electric vehicle (BEV) maker in China and Thailand, says the head of the local subsidiary.
Montenegro to extradite crypto entrepreneur Do Kwon to US
AFP, Published on 28/12/2024
» BELGRADE - Montenegro said Friday it will extradite to the United States the South Korean cryptocurrency specialist Do Kwon, who is also wanted by Seoul for the multi-billion-dollar bankruptcy of his company, Terraform Labs.
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.
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.
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).
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
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.
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.