Central Bankruptcy Court dismisses TPCH petition to rehabilitate TPOLY

RegulationCorporate Action
โดย HoonVision·TH·Read original
Summary · why it matters

Thai Polycons Public Company Limited, or TPOLY, informed the Stock Exchange of Thailand that on 9 September 2026 the company was notified by the Central Bankruptcy Court that the court had issued an order dismissing the business rehabilitation petition filed by TPCH Power Holdings Public Company Limited, or TPCH, which is both a subsidiary and a financial creditor of TPOLY. Earlier, TPCH had filed a petition seeking the rehabilitation of TPOLY with the Central Bankruptcy Court on 28 August 2026, docketed as case number ฟฟ 13/2569. However, after consideration, the Central Bankruptcy Court found no reasonable grounds for TPOLY to enter the rehabilitation process under Section 90/6, paragraph one, of the Bankruptcy Act B.E. 2483 and its amendments, and therefore issued the order dismissing the petition. TPOLY stated that if there are any significant developments regarding the matter, the company will disclose information to the Stock Exchange of Thailand in accordance with the relevant criteria.

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