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Prachai to soon discuss TPI debt restructuring plan with Somkid.
(From Thai Press Reports)
Section: Corporate News - Thai Petrochemical Industry Plc's (TPI) chief executive officer, Prachai Leophairatana, said he will soon meet the Minister of Finance, Somkid Jatusripitak to present the details of his debt restructuring plan.
"I will soon hold discussions with Mr Somkid as he is regarded as the real administrator of TPI's plan. Personally, I don't agree with the revised debt restructuring plan presented to Somkid recently by a debt restructuring team. So debtors will also present their own plan to Somkid for consideration," said Prachai.
The debt restructuring plan, as worked out by the debtors, is certain to …
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