SEC calls on IFEC shareholders to attend the extraordinary general meeting to appoint new directors to fill vacancies
Thursday 20 December 2018 | No. 168 / 2018
Bangkok, 20 December 2018 – The Securities and Exchange Commission (SEC) has encouraged shareholders of Inter Far East Energy Corporation Public Limited Company (IFEC) to attend the extraordinary general meeting No.1/2018 to consider the election of seven new directors to replace vacant positions on Tuesday 25 December 2018 at the Royal Thai Army Club on Vibhavadi-Rangsit Road, Bangkok.
Shareholders of IFEC are encouraged to attend the
extraordinary general meeting No.1/2018 and vote for new directors to fill
seven vacancies. It is extremely important
for IFEC to have an adequate number of directors in order to move ahead with
solving its problems which include indebtedness and inability to submit the
company’s financial statements and appoint the auditor. IFEC’s future business
operations and its status as a listed company may be in jeopardy if the meeting
fails to agree on the election of new directors. The extraordinary general
meeting No.1/2018 is scheduled to take place on Tuesday 25 December 2018 at
the Royal Thai Army Club on Vibhavadi-Rangsit Road, Bangkok, from 11.00 hrs.
onwards.
According
to the SEC, IFEC shareholders should attend the meeting to exercise their
rights in order to protect their interests. They should also study relevant
information and ask questions to help them decide who is appropriate to be
appointed as directors to avoid a deadlock in the management of the company’s
affairs.
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