BUSINESS

EA eyes bond repayment delays amid fraud claims

Business, Nareerat Wiriyapong, Published on 03/08/2024

» Shares of Energy Absolute (EA) sank yesterday after the listed renewable energy company said it would seek the approval of its bondholders to delay payment on two bond tranches worth 5.5 billion baht, signalling that the company's financial woes, caused by the alleged fraud involving two executives, are getting worse.