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SEC Urges DR20DA Bondholders to Exercise Voting Rights and Study Information

Stock news 17:26 2023-10-20

The Securities and Exchange Commission (SEC) asks DR20DA bondholders to exercise their rights in bondholder meetings, study information, and ask questions of the issuer or bondholder representatives. In order to receive complete and sufficient information for deciding on voting.

With Dao Securities (Thailand) Public Company Limited, as the representative of bondholders, DR20DA will hold a meeting of bondholders No. 1/2023 on October 26, 2023 at 2:00 p.m. by means of a media conference. Electronic (E-Meeting) with an agenda for consideration and approval of assignments Dao Securities (Thailand) Public Company Limited, as bondholder representative Proceeding with Destination Resorts Co., Ltd. as the issuer of debentures. and/or mortgagor and consider approving Destination Resorts Company Limited, as the issuer of the bonds, to be responsible for expenses related to the litigation until the case is final.

In this regard, the SEC has assigned bondholder representatives to analyze the advantages, disadvantages, benefits, and impacts that bondholders will receive from the approval resolution. or disapproved Be clear about each option. Along with reasons and opinions from bondholder representatives, the SEC therefore requests that bondholders study the information carefully. and use the rights of bondholders to protect their own interests as well as asking for various information from bondholder representatives In order to have complete information to support voting decisions in the bondholder meeting.

By InfoQuest News Agency (20 Oct. ’23)

Tags: DR20DA, SEC, bonds, Thai stocks, Destination Resorts

2023-10-20 10:44:10
#SEC #warns #DR20DA #bondholders #meeting #rights #Oct #prosecute #Destination #Resorts #InfoQuest

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