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:
Second attempt planned to auction shares of cement affiliate.
Byline: Busrin Treerapongpichit
Sep. 7--After a failed electronic auction of the shares of its cement and petrochemical subsidiary last month, Thai Petrochemical Industry (TPI) has decided to reopen the bid in a fresh attempt to raise $249 million to repay TPI's debts.
Siri Jirapongphan, a member of the TPI rehabilitation planning team, said sealed bids for the shares of TPI Polene (TPIPL) would be solicited and were scheduled to be opened on Sept 22.
Twenty-nine interested bidders have been invited to join the new auction. The creditors will be allowed to participate as well if they choose.
To attract more bidders, the planner relaxed ...
- No rush seen to purchase TPIPL shares: Concerns over management cited.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) June 27, 2005 700+ words
...interested in investing in TPIPL, although they may end up...about the ongoing talks on TPIPL but is expected to be interested...history of the management (TPIPL) is known and I am not going...player. To see more of the Bangkok Post, or to subscribe to the newspaper...
- TPIPL to refinance B10bn in debt.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) March 20, 2007 700+ words
...baht over the next two years. TPIPL this year also plans to invest...with local sales the rest. TPIPL also will book around 404 million...cement producer. Shares of TPIPL closed yesterday on the Stock...million baht. To see more of the Bangkok Post, or to subscribe to the newspaper...
- TPIPL reports decline in profits.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) March 3, 2006 700+ words
...Mr Prasert said. Under TPIPL's restructuring plan, the...under the restructuring plan. TPIPL, which has already extended...year from nine million now. TPIPL shares closed yesterday on...million baht. To see more of the Bangkok Post, or to subscribe to the newspaper...
- TPIPL share auction attracts no bidders.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) August 9, 2005 700+ words
...have the right to decline the TPIPL sale if offered prices fell...administrators could decide to transfer TPIPL shares to creditors directly...a new auction is not held. TPIPL shares closed yesterday on...satang.. To see more of the Bangkok Post, or to subscribe to the newspaper...
- TPIPL share e-auction not a sure thing: Court to consider share swap proposal.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) July 25, 2005 700+ words
...manufacturing plant instead of a cash payment. TPIPL shares closed on Thursday on the Stock...ratio of 1.2 times. To see more of the Bangkok Post, or to subscribe to the newspaper...bangkokpost.com. Copyright (c) 2005, Bangkok Post, Thailand Distributed by Knight Ridder...
- TPIPL shares going online in one auction.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) July 1, 2005 700+ words
...planning team's proposal to sell the TPIPL holding on May 31. The bidding price...69 million baht. To see more of the Bangkok Post, or to subscribe to the newspaper...bangkokpost.com. Copyright (c) 2005, Bangkok Post, Thailand Distributed by Knight Ridder...
- Court drops Prachai's bid to buy more TPIPL shares through swap.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) July 26, 2005 700+ words
...in trade worth 18.9 million baht. To see more of the Bangkok Post, or to subscribe to the newspaper, go to http://www.bangkokpost.com. Copyright (c) 2005, Bangkok Post, Thailand Distributed by Knight Ridder/Tribune Business...
- Bangkok Post, Thailand, briefs column.(Column)
- Newspaper article from: Bangkok Post (Bangkok, Thailand) July 27, 2007 700+ words
...the total outstanding debt, TPIPL's debt would decline to 11...taken longer than expected. TPIPL's management has advised...the third quarter of 2007. TPIPL shares closed yesterday on...satang. To see more of the Bangkok Post, or to subscribe to the newspaper...