JTS shares rose 9.24% after the Stock Exchange of Thailand removed the CB sign from the securities of Jasmine Technology Solution Public Company Limited, effective from 22 July 2026, after the company fully remedied the bond default event in accordance with the rules. Earlier, on 17 July 2026, the bondholders' meeting approved the revision of repayment terms and the extension of the redemption period for three series of bonds, namely JTS254A, JTS272A and JTS282A, to enhance the company's financial liquidity flexibility. The lifting of the CB sign reflects the cooperation between the company and bondholders in adjusting the repayment terms to align with the current liquidity position, with bondholders approving the extension of the redemption period, along with an increase in interest rates and a change to a gradual principal repayment structure to support long-term financial stability.
Jasmine Telecom Systems Public Company LimitedStock Exchange of Thailand lifts CB sign after bond default remedy, improving financial stability and investor confidence.