RICH ASIA COURT ORDER

Corporate December 29, 2017 01:00

By The Nation

The Central Bankruptcy Court ordered the revocation of Rich Asia Corporation Plc’s petition for business rehabilitation on late Wednesday, according to company filing with the Stock Exchange of Thailand yesterday. 



Following the court order, the company is required to coordinate and cooperate with creditors and related parties to find an appropriate approach to handle the debt restructuring process, the company’s managing director Somkiat Vongsarojana said.