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TPI loans 'performing' once again.
Feb. 3--The Bank of Thailand has allowed local banks to now reclassify debt exposure to Thai Petrochemical Industry as performing loans.
Tarisa Watanagase, a deputy central bank governor, said creditors had been able to remove the non-performing loan (NPL) classification for TPI since December following loan repayments by TPI.
"TPI has raised new capital and has seen its cash flow improve. A portion of the funds raised from its capital increase was also used for debt repayment," she said.
TPI, the country's largest debt restructuring case, entered court-supervised rehabilitation in 2000 with debt of $2.7 billion.
The Central Bankruptcy ...
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- Newspaper article from: Bangkok Post (Bangkok, Thailand) June 7, 2006 700+ words
...management fails to comply, TPI, on behalf of the...yesterday rejected TPI's request to exit...To see more of the Bangkok Post, or to subscribe to...Copyright (c) 2006, Bangkok Post, Thailand Distributed...TICKER SYMBOL(S): TPI
- TPI projects sales to grow 10% this year.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) February 16, 2005 700+ words
...is completed. But TPI's planner has not...mediation process. TPI shares closed yesterday...To see more of the Bangkok Post, or to subscribe to...com. (c) 2005, Bangkok Post, Thailand. Distributed...TICKER SYMBOL(S): TPI
- TPI chief asks Prachai to co-operate.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) June 5, 2006 700+ words
...a huge amount of money," said Mr Piti. TPI shares closed on Friday on the SET at 7...worth 195 million baht. To see more of the Bangkok Post, or to subscribe to the newspaper, go to...IL 60025, USA. TICKER SYMBOL(S): TPI
- TPI Oil refuses to pay TPI, saying parent is debtor too.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) June 8, 2006 700+ words
...ABS is a wholly-owned unit of TPI. The debt represents normal receivables...totally separate from the debt of TPI Oil," he said. TPI shares closed yesterday on the...million baht. To see more of the Bangkok Post, or to subscribe to the newspaper...
- TPI to be separate entity: Key role in PTT's chemical business eyed.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) July 18, 2005 700+ words
...TPI in its cement subsidiary, TPI Polene, is completed. Proceeds...the sale would be used to reduce TPI's debts. Shares of TPI closed on Friday on the Stock...7 million. To see more of the Bangkok Post, or to subscribe to the newspaper...
- TPI proposes $1.2bn in new investments.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) September 23, 2006 700+ words
...financial instrument is worth investing. TPI shares closed yesterday on the Stock Exchange...1.05 billion baht. To see more of the Bangkok Post, or to subscribe to the newspaper, go to...IL 60025, USA. TICKER SYMBOL(S): TPI
- TPI cement shares go on sale soon.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) June 10, 2005 700+ words
...appointed by the court as TPI planner in 2003, after...administrators appointed by TPI's creditors. To see more of the Bangkok Post, or to subscribe to...Copyright (c) 2005, Bangkok Post, Thailand Distributed...TICKER SYMBOL(S): TPI
- 'TPI will be stronger,' says incoming chief.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) January 21, 2006 700+ words
...after the new shareholders took control. TPI shares closed yesterday on the Stock Exchange...1.22 billion baht. To see more of the Bangkok Post, or to subscribe to the newspaper, go to...reprints@krtinfo.com. TICKER SYMBOL(S): TPI