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Date set for THAI rehab ruling

The Central Bankruptcy Court will rule on Thai Airways International Plc's (THAI) deb-rehabilitation plan on June 15 after suspending yesterday's hearing to allow for the assessment of complaints filed by creditors against the plan. ....

Piyasvasti Amranand , Pornchai Teerawej , Chansin Treenuchagron , Siri Jirapongpan , Kraisorn Baramee Auychai , Central Bankruptcy Court , Department Of Legal Execution , Thai Airways International Plc , Legal Execution , மைய திவால்நிலை நீதிமன்றம் , துறை ஆஃப் சட்டப்பூர்வமானது மரணதண்டனை , தாய் வானெறிக்குழுப்பெயர் சர்வதேச ப்ல் , சட்டப்பூர்வமானது மரணதண்டனை ,

Creditors approve restructuring plan for troubled Thai Airways

25 May 2021
BY Reuters
Thai Airways International s creditors have voted to approve the airline s restructuring plan, the flag carrier said on Wednesday, as it seeks to recover from financial problems suffered long before the coronavirus pandemic.
Last year, a court-approved the airline s request for bankruptcy protection and debt restructuring worth about 245 billion baht ($7.80 billion)
The plan will allow for an extension on bond payments, interest, and the option for debt-to-equity conversion, said Somboon Sangrungjang of law firm Kudun and Partners, which represents creditors including 87 savings cooperatives.
The creditors proposed the appointment of finance ministry official Pornchai Thirawet, acting Thai Airways CEO Chansin Treenuchagron and former chief Piyasvasti Amranand, as plan administrators, the airline said on Wednesday. ....

Krung Thep Mahanakhon , Piyasvasti Amranand , Chansin Treenuchagron , Pornchai Thirawet , Somboon Sangrungjang , Thai Airways , Bangkok Bank , Thai Airways International , Airways International , தாய் வானெறிக்குழுப்பெயர் , பாங்காக் வங்கி , தாய் வானெறிக்குழுப்பெயர் சர்வதேச , வானெறிக்குழுப்பெயர் சர்வதேச ,

Creditors of Thai Airways approve reorganization plan | iNFOnews | Thompson-Okanagan's News Source

BANGKOK (AP) Creditors of Thai Airways International holding 91.56% of the airline’s debt have approved a business reorganization plan, the company announced Wednesday in a filing to the Stock Exchange of Thailand. ....

Krung Thep Mahanakhon , Suvarnabhumi Airport , Samut Prakan , Siri Jirapongphan , Piyasvasti Amranand , Chansin Treenuchagron , Sakchai Lalit , Pornchai Thiravet , Creditors Of Thai Airways International , Bangkok Bank Legal Department Kraisorn Barameeauychai , Creditors Of Thai Airways , Thailand Central Bankruptcy Court On , Thai Airways , Stock Exchange Of Thailand , Thai Airways International , Stock Exchange , Central Bankruptcy Court , Finance Ministry , Chief Executive Officer Chansin Treenuchagron , Energy Minister Siri Jirapongphan , Executive Vice President , Bangkok Bank , Legal Department Kraisorn , தாய்லாந்து மைய திவால்நிலை நீதிமன்றம் ஆன் , தாய் வானெறிக்குழுப்பெயர் , ஸ்டாக் பரிமாற்றம் ஆஃப் தாய்லாந்து ,

THAI creditors approve debt restructuring plan

THAI creditors approve debt restructuring plan
12
published :
20 May 2021 at 06:00
Thai Airways aircraft remain grounded at Suvarnabhumi airport in Samut Prakan province. (Photo: Apichit Jinakul)
Thai Airways International s (THAI) creditors on Wednesday formally approved the airline s debt rehabilitation plan which emphasises the state s role in helping the struggling flag carrier access fresh cash injections.
The creditors approved the plan in a vote which had been postponed from last week to allow them to study some last-minute tweaks to the plan.
Twenty-eight out of the 36 groups, representing 13,000 creditors which hold some 116 billion baht of THAI s debts, casted votes in favour of the plan, after chapters 4, 13 and 15 of the plan were amended. ....

Krung Thep Mahanakhon , Samut Prakan , Piyasvasti Amranand , Pornchai Teerawej , Chansin Treenuchagron , Siri Jirapongpan , Apichit Jinakul , Kraisorn Baramee Auychai , Enterprise Policy Office Sepo , Thai Airways , Department Of Legal Execution , Apichit Jinakul Thai Airways , Federation Of Savings , Bangkok Bank , Credit Cooperatives Of Thailand , Thai Airways International , Airways International , Legal Execution , Thailand Limited , State Enterprise Policy Office , தாய் வானெறிக்குழுப்பெயர் , துறை ஆஃப் சட்டப்பூர்வமானது மரணதண்டனை , கூட்டமைப்பு ஆஃப் சேமிப்பு , பாங்காக் வங்கி , தாய் வானெறிக்குழுப்பெயர் சர்வதேச , வானெறிக்குழுப்பெயர் சர்வதேச ,

Thai Airways creditors approve restructuring plan | Money

Thai Airways creditors approve restructuring plan | Money
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Krung Thep Mahanakhon , Chansin Treenuchagron , Piyasvasti Amranandthe , Thai Airways , Bangkok Suvarnabhumi International Airport , Thai Airways International , Thai Airway , Thailand Bankruptcy Court , Suvarnabhumi International Airport March , Bankruptcy Court , தாய் வானெறிக்குழுப்பெயர் , தாய் வானெறிக்குழுப்பெயர் சர்வதேச , தாய் காற்று வாங்கி , தாய்லாந்து திவால்நிலை நீதிமன்றம் , திவால்நிலை நீதிமன்றம் ,