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Search Result for “Cyprus”

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BUSINESS

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.

BUSINESS

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.

BUSINESS

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.