Showing 1 - 10 of 14
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 share price jumps 29%
Business, Pathom Sangwongwanich, Published on 02/08/2018
» The share price of SET-listed Group Lease Plc (GL) soared yesterday after a Singaporean audit firm said it had found no evidence of irregularities in the company's loan transactions.
Group Lease says audit still on track
Business, Pathom Sangwongwanich, Published on 20/06/2018
» Embattled Group Lease Plc (GL) has notified the Securities Exchange Commission (SEC) that it is still preparing to submit the requested special audit after appointing a Singaporean auditing firm to complete the task.
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.
GL posts huge loss for 2017
Business, Pathom Sangwongwanich, Published on 03/03/2018
» Financially beleaguered Group Lease (GL) Plc yesterday reported a consolidated net loss of 1.82 billion baht last year as a result of capital allowance set up for a potential loss on asset revaluation.
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.
GL, J Trust remain at loggerheads
Business, Pathom Sangwongwanich, Published on 02/12/2017
» SET-listed Group Lease Plc (GL) insists it has not come to terms with J Trust Co Ltd on the latter's attempt to cancel the J Trust convertible debentures with GL and take over GL's business in Indonesia.
ND Rubber snaps up Malaysian customer
Business, Pathom Sangwongwanich, Published on 28/11/2017
» MAI-listed ND Rubber Plc (NDR) has acquired Fung Keong Rubber Manufactory Malaya Sdn Bhd in its entirety from Consistent Record Sdn Bhd as part of continued expansion in Malaysia.
Embattled GL picks temporary chief
Business, Pathom Sangwongwanich, Published on 25/10/2017
» Group Lease Plc (GL) has appointed a temporary chairman amid an ongoing regulatory scandal, but the company's chief executive position remains vacant as no suitable candidate has been found.