JKN Global Group Public Company Limited (JKN), the issuer of JKN239A bond, will convene the bondholders’ electronic meeting No. 1/2566 on 27 September 2023 at 14.00 hours. Asia Plus Securities Public Company Limited serves as the bondholder representative for JKN239A. 

The e-meeting’s agenda contains subject matters for consideration of approval as follows:  

1. Extension of the bond maturity date without being considered as an event of default;  

2. Partial repayment of the principal of the bond;   

3. Increase in the coupon rate of the bond;  

4. Request for a waiver of default of the principal and interest payment due on the maturity date of 1 September 2023, without being considered as an event of default according to the terms and conditions and without accelerating a call for debt repayment (call default).   

The SEC requires that the bondholder representative analyze the benefits and shortcomings as well as the potential impacts on the bondholders both in cases of approval and decline of approval for the above matters with respective supporting reasons, and clearly provide information to the bondholders together with the opinions of the bondholder representative. The bondholders are, therefore, encouraged to thoroughly review the information and exercise their rights to protect their own interests. They should also make necessary inquiries to the bondholder representative to obtain complete information before making an informed decision at the bondholders’ e-meeting.   

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