Thailand: Bankruptcy Court orders Bangkok Mass Transit System to regroup creditors.

(From Thai Press Reports)

Section: General News - BTS faces paying additional Bt13.7 bn under revised schedule, The Nation reports.

The Central Bankruptcy Court has instructed Bangkok Mass Transit System (BTS) to regroup its creditors as requested by the Thai Asset Management Corporation (TAMC).

The decision will result in the postponement of creditors voting on the Skytrain operator's business rehabilitation plan, which was due to take place on November 29.

The current plan has divided BTS creditors into 14 groups from a total of 28 local and foreign creditors. The largest creditor is Deutsche Bank AG London with total loans of Bt24.48 …