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Bangkok Post
Bangkok Post
Business

Stark told to pay B6.9bn to bondholders

Stark ASPS SEC Asia Plus Securities KBank Stark Corporation Bonds

Kasikornbank (KBank) and Asia Plus Securities (ASPS), representatives for Stark Corporation's bondholders, called for the immediate payment of bonds worth more than 6.9 billion baht after they decided to cancel tomorrow's bondholders' meeting.

Announced on the Thai Bond Market Association website yesterday, KBank and ASPS said they cancelled the June 23 bondholders' meeting and decided to promptly reclaim the funds from the company.

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