East Coast Furnitech Public Company Limited (ECF), the issuer of ECF256A, ECF246A and ECF262A, convened a bondholders’ meeting on 9 April 2025 but did not meet the quorum requirement under the terms and conditions regarding certain agenda items. Therefore, the company will re-convene the bondholders’ meeting electronically on 17 April 2025 at 10.00 hours to consider the following matters:     

          (1) Granting an extension to the maturity periods for three bond series as follows:   

               - For bond series ECF256A and ECF246A: extend the maturity period by one year and six months;   

               - For bond series ECF262A: extend the maturity period by nine months.  

          (2) Granting approval for increasing interest rates for three bond series during the extended maturity periods as follows:   

               - For bond series ECF256A and ECF246A: increase the interest rate to 7.50 percent per year from the previous rates of 7.30 and 7.40 percent per year, respectively;  

               - For bond series ECF262A: increase the interest rate to 7.70 percent per year from 7.60 percent per year.         

          (3) Granting approval for modifying the interest payment schedule from quarterly payments to semi-annual payments.   

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