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The Office of Insurance Commission (OIC) has ordered SET-listed Syn Mun Kong Insurance (SMK) to rectify its financial position and prepare a rehabilitation plan after the Central Bankruptcy Court ordered the company to undertake rehabilitation and also appointed SMK as a rehabilitation planner. ....
Over the past two years, amid the pandemic, the aviation industry has been on the verge of collapse because of stringent border controls and uncertainty over travel rules, causing severe financial strain for many airlines. ....
The share price of SET-listed Syn Mun Kong Insurance (SMK) plummeted on Wednesday after the company reported a loss of 29 billion baht in the first quarter. ....
A group formed to claim insurance pay-outs owed to them by Syn Mun Kong Insurance (SMK) is looking to stage a gathering on Monday after the company’s rehabilitation petition was accepted by the Central Bankruptcy Court on May 18. ....