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SEC calls on IFEC shareholders to attend the extraordinary general meeting to appoint new directors to fill vacancies



Thursday 20 December 2018 | No. 168 / 2018


Bangkok, 20 December 2018 – The Securities and Exchange Commission (SEC) has encouraged shareholders of Inter Far East Energy Corporation Public Limited Company (IFEC) to attend the extraordinary general meeting No.1/2018 to consider the election of seven new directors to replace vacant positions on Tuesday 25 December 2018 at the Royal Thai Army Club on Vibhavadi-Rangsit Road, Bangkok.

Shareholders of IFEC are encouraged to attend the extraordinary general meeting No.1/2018 and vote for new directors to fill seven vacancies. It is extremely important for IFEC to have an adequate number of directors in order to move ahead with solving its problems which include indebtedness and inability to submit the company’s financial statements and appoint the auditor. IFEC’s future business operations and its status as a listed company may be in jeopardy if the meeting fails to agree on the election of new directors. The extraordinary general meeting No.1/2018 is scheduled to take place on Tuesday 25 December 2018 at the Royal Thai Army Club on Vibhavadi-Rangsit Road, Bangkok, from 11.00 hrs. onwards.

According to the SEC, IFEC shareholders should attend the meeting to exercise their rights in order to protect their interests. They should also study relevant information and ask questions to help them decide who is appropriate to be appointed as directors to avoid a deadlock in the management of the company’s affairs. 







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NEWS
Securities and Exchange Commission
Corporate Communication and Investor Service Department
Tel. (66)2033-9502-5 E-mail: press@sec.or.th
No. 168 / 2018 Thursday 20 December 2018
SEC calls on IFEC shareholders to attend the extraordinary general meeting to appoint new directors to fill vacancies
Bangkok, 20 December 2018 – The Securities and Exchange Commission (SEC) has encouraged shareholders of Inter Far East Energy Corporation Public Limited Company (IFEC) to attend the extraordinary general meeting No.1/2018 to consider the election of seven new directors to replace vacant positions on Tuesday 25 December 2018 at the Royal Thai Army Club on Vibhavadi-Rangsit Road, Bangkok.

Shareholders of IFEC are encouraged to attend the extraordinary general meeting No.1/2018 and vote for new directors to fill seven vacancies. It is extremely important for IFEC to have an adequate number of directors in order to move ahead with solving its problems which include indebtedness and inability to submit the company’s financial statements and appoint the auditor. IFEC’s future business operations and its status as a listed company may be in jeopardy if the meeting fails to agree on the election of new directors. The extraordinary general meeting No.1/2018 is scheduled to take place on Tuesday 25 December 2018 at the Royal Thai Army Club on Vibhavadi-Rangsit Road, Bangkok, from 11.00 hrs. onwards.

According to the SEC, IFEC shareholders should attend the meeting to exercise their rights in order to protect their interests. They should also study relevant information and ask questions to help them decide who is appropriate to be appointed as directors to avoid a deadlock in the management of the company’s affairs.