AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Byline: Parista Yuthamanop
Jan. 10--Creditors of Tanayong Plc will hold a final vote on the firm's 39-billion-baht restructuring plan on Feb 14.
Receivers yesterday approved a request from bondholders and secured foreign creditors to delay a vote pending clarification of additional details of the plan.
Ekasit Dhanasaranart, a Tanayong senior vice-president, said the property company would clarify objections raised by 38 creditors, including several investment funds and National Finance Plc.
Some questions concerned voting rights and transfer fees once a special-purpose vehicle was established to manage property assets on behalf of ...