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SEC urges PSTC25NA bondholders to exercise their rights at the upcoming bondholders’ meeting



Tuesday 18 November 2025 | No. 289 / 2025


Bangkok, 18 November 2025 – The Securities and Exchange Commission (SEC) urges the  PSTC25NA bondholders to study all available information, exercise their rights at the upcoming bondholders’ meeting, and reach out to the bond issuer or the bondholders’ representative to obtain comprehensive and sufficient details for making an informed voting decision. The bondholders’ meeting will be held on 21 November 2025.  

Power Solution Technologies Public Company Limited (PSTC), the issuer of PSTC25NA bond, will electronically convene Bondholders’ Meeting No. 1/2025 on 21 November 2025 at 14.00 hours to consider the following matters:    

(1) Extending the maturity period for bond redemption by 11 months, to be due on 29 October 2026;   

(2) Increasing the interest rate from 7.25 percent per year to 7.50 percent per year, throughout the extended maturity period.    

The SEC requires that the bondholders’ 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 the opinions of the bondholders’ 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 bondholders’ representative to obtain comprehensive information before making a voting decision at the bondholders’ e-meeting. 




Remark: 

Globlex Securities Co., Ltd. serves as the bondholders’ representative for the PSTC25NA bond, to be due on 29 November 2025.   







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