Showing 1 - 9 of 9
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.
SET insists Polaris clarify shareholders' meeting
Business, Pathom Sangwongwanich, Published on 21/03/2020
» The Stock Exchange of Thailand (SET) has demanded that listed developer Polaris Capital Plc (POLAR) clarify information after the Court of Appeals issued a temporary injunction to prohibit the registrar from registering the current board of directors.
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.
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.
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.
Court accepts JTA petition to rehab GL
Business, Pathom Sangwongwanich, Published on 20/02/2018
» The Central Bankruptcy Court has accepted J Trust Asia Pte Ltd’s (JTA) petition requesting business rehabilitation of Group Lease Plc (GL), but Group Lease has insisted its business operations remain intact.
JTA launches civil lawsuit against GL
Business, Pathom Sangwongwanich, Published on 16/01/2018
» J Trust Asia Pte Ltd (JTA) has filed lawsuits against SET-listed Group Lease Plc (GL), requesting compensation for alleged wrongful acts, avoidance of voidable transactions and false claims of damages.