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SEC encourages JCKD206A bondholders to exercise their rights at the upcoming bondholders’ meeting



Wednesday 13 November 2024 | No. 241 / 2024


Bangkok, 13 November 2024 – The Securities and Exchange Commission (SEC) encourages the JCKD206A bondholders to study all available information, exercise their rights at the upcoming bondholders’ meeting, and reach out to the bond issuer or the bondholder representative to obtain comprehensive and sufficient information for making an informed voting decision. The bondholders’ meeting will be held on 19 November 2024.

JC Kevin Development Co., Ltd. (JCKD), the issuer of JCKD206A bonds, will convene the Bondholders’ Meeting No. 2/2024 on 19 November 2024 at 14.00 hours via electronic channel. The e-meeting’s agenda contains matters for consideration of approval as follows:
          - Extension of the maturity date for redemption of the bonds for six months, from 13 June 2026 to 13 December 2026;   

          - Revision to the principal repayment conditions, from nine installments to four installments during the extended maturity period.

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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Remark: Asia Plus Securities Company Limited is the bondholder representative for JCKD206A bonds due for redemption on 13 June 2026.  






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