JCK International Public Company Limited (JCK), the issuer of JCK212A bond, will electronically convene the Bondholders’ Meeting No. 1/2025 on 27 January 2025 at 14.00 hours. The e-meeting contains matters for consideration as follows:  

    (1) Extending the maturity period for bond redemption by additional two years, with the new maturity date set for 15 February 2027; 

    2) Increasing the interest rate from 7.50 percent per year to 7.75 percent per year, during the extended maturity period;    

    (3) Adjusting the principal repayment schedule to four installments, with the first three installments comprising a total of no less than 15 percent of the bond value, and the fourth installment settling the remaining balance on the extended maturity date; 

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: Asia Plus Securities Co., Ltd. serves as the bondholders’ representative for JCK212A bond due on 15 February 2025.