RICH ASIA COURT ORDER

THURSDAY, DECEMBER 28, 2017
RICH ASIA COURT ORDER

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.