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



Friday 23 June 2023 | No. 105 / 2023


Bangkok, 23 June 2023 – The Securities and Exchange Commission (SEC) encourages the bondholders of JCK to study all available information, reach out to the bond issuer or the bondholder representative to obtain comprehensive and sufficient details for making an informed voting decision at the upcoming bondholders’ meeting,  

JCK International Public Company Limited, the issuer of JCK bonds, will convene the bondholders’ electronic meeting No. 1/2566 on 27 June 2023 at 14.00 hours to consider “Secured bonds of JCK International Public Company Limited No. 3/2562, to reach maturity in 2023, redeemable by the bond issuer before maturity date” (JCK217A). Asia Plus Securities Co., Ltd. is the bondholder representative:  

The meeting agenda contains subject matters for consideration as follows: 

Agenda Item 1: Consideration for approval of an extension of the maturity date and a partial repayment of the principal;  

Agenda Item 2: Consideration for approval of a revision to the coupon rate of the bond. 

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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