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SEC encourages the JCK228A bondholders to exercise their rights at the upcoming bondholders’ meeting



Thursday 18 July 2024 | No. 151 / 2024


Bangkok, 18 July 2024 – The Securities and Exchange Commission (SEC) encourages the JCK228A bondholders to study all available information, reach out to the bond issuer or the bondholders’ representative to obtain comprehensive and sufficient information, and exercise their voting right at the bondholders’ meeting on 25 July 2024.

JCK International Public Company Limited (JCK), the issuer of JCK228A bonds, will hold the bondholders’ meeting No. 1/2024 on 25 July 2024 at 14.00 hours via the electronic means (E-Meeting), whereby the consideration agendas of the meeting are as follows:   

Agenda Item 1: To consider the following matters:   

1) Extension of the maturity date for the bond redemption for 2 years;  

2) Repayment of the bond principal in 8 installments (at the total amount of 180 million Baht) and repayment of the remaining amount on the due date of the redemption, as extended. 

Agenda Item 2: To consider an approval on adjusting the bond interest rate from 7.50% per year to 7.75% per year throughout the extended period of the bond maturity. 

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 acts as the bondholders’ representative for JCK228A bonds. 






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