2023-06-13 15:05:26
Stock dimension – Cho Thavee Public Company Limited or CHO informs the SET that the company has defaulted on debt repayment “CHO229A debentures”. On June 12, 2023, Siam Commercial Bank as a securities registrar And the paying agent of the CHO229A debentures, the company has not yet received the payment. or gradual repayment with interest in the amount of 4.65 million baht
Subsequently, Asia Plus Securities as the debenture holder’s representative has sent a letter to the Company stating that such event of default is subject to Clause 10.1 (a), Clause 7.1 and Clause 9.1 in accordance with the Terms and Conditions. Therefore, the debenture holder representative therefore requesting the company to pay such interest and principal within 5 days from the date of default (June 12, 2023).
In this regard, the company has set the date for the bondholders’ meeting on June 15, 2023, by proposing the bondholders to consider the interest payment conditions. and new principal Including a request for a waiver of default on interest payment this time It is not considered an event of default according to the terms and conditions. This will result in not defaulting on principal and interest payments as mentioned.
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