Iris Group Co., Ltd. (IRIS), the issuer of IRIS20OA and IRIS20DA bonds, will convene the bondholders’ electronic meeting No. 1/2566 on 4 October 2023 at 14.00 hours and 15.30 hours, respectively. Daol Securities (Thailand) Public Company Limited serves as the bondholder representative for IRIS20OA and IRIS20DA. 

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

Agenda Item 1: consideration for approval of an extension of the bond maturity dates for a period of two years; 
  Agenda Item 2: consideration for approval of partial repayment of the principals of the bonds, at the total amount not less than 20 percent of the principal value as of the issuance dates of the bonds. The partial principals will be paid through three installments in concurrent with the due dates of the interest payments. The remaining principals of  the bonds will be repaid on the maturity dates of the extended periods. 

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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