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Search Result for “creditors”

Showing 1 - 10 of 30

BUSINESS

Miss Grand International presses on with risk-laden JKN deal

Business, Nuntawun Polkuamdee, Published on 13/11/2025

» SET-listed Miss Grand International (MGI) is proceeding with its plan for a conditional subscription in the debt-ridden content provider JKN Global Group (JKN), though analysts warn of deeper structural risks.

BUSINESS

Court to declare former Stark executive bankrupt

Nuntawun Polkuamdee, Published on 30/10/2025

» The Central Bankruptcy Court is set to issue a ruling declaring Vonnarat Tangkaravakoon, former executive and major shareholder of scandal-plagued Stark Corporation (STARK), bankrupt, with orders to distribute assets to 3,417 creditors whose combined claims total 131.4 billion baht.

BUSINESS

JKN founder, sister resign after SEC files charges

Business, Nuntawun Polkuamdee, Published on 07/06/2025

» Jakkaphong Jakrajutatip, chief executive of JKN Global Group, and her sister, Pimuma Jakrajutatip, have resigned from all executive and other positions at the SET-listed content and media buying company after the Securities and Exchange Commission (SEC) filed criminal complaints against the pair.

BUSINESS

Sabuy bondholders get SEC notification

Business, Nuntawun Polkuamdee, Published on 12/12/2024

» The Securities and Exchange Commission (SEC) has notified bondholders of Sabuy Technology (SABUY) of four series to exercise their rights during bondholder meetings scheduled for Thursday.

BUSINESS

Bond default risk minimal in Q2

Business, Nuntawun Polkuamdee, Published on 05/04/2024

» The likelihood of bonds defaults in the second quarter is relatively low, with total default value projected at less than 1% of the total outstanding market value, says the Thai Bond Market Association (ThaiBMA).

BUSINESS

JKN founder admits to 'forced selling' of shares

Business, Nuntawun Polkuamdee, Published on 08/09/2023

» The founder and largest shareholder of JKN Global Group says she sold nearly 100 million shares of the Miss Universe Organization operator through "forced selling" to comply with the margin accounting rules of the Stock Exchange of Thailand (SET) after its share price dropped by more than 50% in one week.

BUSINESS

SET gives Pace delisting deadline

Business, Nuntawun Polkuamdee, Published on 03/08/2023

» The Stock Exchange of Thailand (SET) has notified Pace Development Corporation (PACE) to urgently eliminate the grounds for delisting by Sept 1 after its financial conditions and operational performance failed to meet the bourse's requirements for a third year.

BUSINESS

Tips for reading financial statements

Nuntawun Polkuamdee, Published on 10/07/2023

» The recent allegations of fraud at Stark Corporation has caused severe damage to investors.

BUSINESS

SEC issues facts on bond investment

Business, Nuntawun Polkuamdee, Published on 08/06/2023

» As Stark Corporation is projected to potentially default on the payment of bonds worth nearly 9.2 billion baht, the Securities and Exchange Commission (SEC) has released guidelines for investors to track damages.

BUSINESS

Crypto spikes as SEC reassures public

Business, Nuntawun Polkuamdee, Published on 12/04/2023

» The price of Bitcoin surpassed US$30,000 on Tuesday, the highest level in 10 months, becoming the asset with the highest return year-to-date as investors become increasingly optimistic that the United States Federal Reserve (Fed) will soon end its aggressive monetary tightening.