Bangkok, The SEC asks JKN bondholders to follow news closely. Prepare documents for holding bonds and studied legal rights, indicating that JKN has 7 outstanding bonds, collected on the SEC website.
According to JKN Global Group Public Company Limited (JKN) filed a request for business rehabilitation with the Central Bankruptcy Court on 8 November 2023 and the Central Bankruptcy Court ordered to accept the request for business rehabilitation of JKN on 8 November 2023. on Nov. 9, 2023, which resulted in a debt moratorium (Automatic Stay) and affected interest payments and debt repayments on all outstanding JKN bonds. The Central Bankruptcy Court has set the hearing date for JKN's business rehabilitation request on January 29, 2024. If the Central Bankruptcy Court orders JKN's business rehabilitation and appoints a plan preparer, Debenture holders must submit a request for debt repayment to the Official Receiver, Legal Execution Department, within 1 month from the date the order appointing the plan preparer is published.
The Securities and Exchange Commission (SEC) asks bondholders to follow the news closely and prepare documents evidence of bond ownership. If necessary, confirmation of bondholder status will be required. Including asking bondholders to study their rights according to Bankruptcy Act B.E. 2483 in relation to business rehabilitation
In addition, the SEC has created a center for bond information on the SEC website https://www.sec.or.th/TH/Pages/INFORMATION-DEBT.aspx. To collect necessary information for bondholders This includes information on JKN bonds. You can ask for more information at the SEC Public Service Center, call 1207, press 9, according to business days and hours.
Currently, JKN has a total of 7 series of bonds outstanding, with details as follows:
Debentures of JKN Global Group Public Company Limited No. 2/2020 due 2024, in which the issuer has the right to redeem the bonds before maturity (JKN239A), with Asia Plus Securities Company Limited as the representative. bond holder
Debentures of JKN Global Group Public Company Limited No. 1/2022 are due in 2024, with the issuer having the right to redeem the bonds before the maturity date (JKN243A), with Dao Securities (Thailand) Public Company Limited is the representative of bondholders.
Debentures of JKN Global Group Public Company Limited No. 2/2022 mature in 2024, in which the issuer has the right to redeem the bonds before maturity (JKN246A), with Asia Plus Securities Company Limited as the person. on behalf of bondholders
Debentures of JKN Global Group Public Company Limited No. 3/2022 mature in 2024, in which the issuer has the right to redeem the bonds before maturity (JKN24OA), with Dao Securities (Thailand) Public Company Limited is the representative of bondholders.
Debentures of JKN Global Group Public Company Limited No. 4/2022 mature in 2024, in which the issuer has the right to redeem the bonds before the maturity date (JKN24NA), with Dao Securities (Thailand) Public Company Limited is the representative of bondholders.
Debentures of JKN Global Group Public Company Limited No. 1/2023 are due for redemption in 2025. The issuer has the right to redeem the bonds before the maturity date (JKN252A), with Dao Securities (Thailand) ) Public Company Limited is the representative of bondholders.
The bonds of JKN Global Group Public Company Limited No. 2/2023 are due for redemption in 2025. The issuer has the right to redeem the bonds before the maturity date (JKN255A), with Dao Securities (Thailand) ) Public Company Limited is the representative of bondholders.
Source: Thai News Agency