Post by account_disabled on Jan 3, 2024 13:39:13 GMT 7
PPPM confirms it will not default on bond payments. Opening the bond repayment schedule for a total of 5 times, with a total value of 1,121 million baht. The first and second bonds were repaid on time. The remaining bonds, totaling 541.60 million baht, are not yet due for payment. and have confidence that Will be able to repay debts as scheduled. while the animal feed business and the Geothermal thermal energy business proceeds as usual. General Chaowarit Prapajit, Chairman of the Executive Committee and Chief Executive Officer of PP Prime Public Company Limited or PPPM revealed that the company has issued bonds a total of 5 times with a total value of 1,121 million baht, of which the first bond has a value of 260.50 million baht, due for redemption on the 27th. July 2019 and repayment of principal and interest on 2 August 2019 by the bond registrar. It has repaid some of its debt to bondholders in the amount of 216.8 million baht since July 30.
The company has urgently entered into negotiations to repay the Buy Bulk SMS Service debt to the bond registrar. As for the remaining 43.7 million baht of bonds, the company will pay interest and principal to all bondholders by August 2, 2019, with the source of money coming from the previous capital increase. While the second debenture worth 319.50 million baht is due for redemption on August 2, 2019, the company will pay the principal and interest within 5 days or by August 7, 2019 by using the money received from selling securities for trading. Working capital of the business and money from capital increase As for the remaining bonds, totaling 541.60 million baht, payment has not yet been due. Consisting of the 3rd debenture worth 134 million baht due for redemption on 3 September 2019, the 4th debenture worth 200 million baht due for redemption on 8 May 2020 and the 5th debenture worth 207.60 million baht due for redemption on 8 May 2020. March 18, 2021.
"The company confirms that according to the guidelines for managing the said bonds without defaulting on any debenture payments And the 3rd, 4th, and 5th bonds, with a total value of 541.60 million baht, are not yet due for redemption. Therefore, there is no need to hold a meeting of bondholders. Important points of the company will manage money management To be able to repay debt according to the next redemption period." Currently, the company There is short-term and long-term loan debt totaling 927 million baht when the company has not defaulted on the bond repayment. As a result, the said debt burden has no impact on the Company's operations. or affect the business operations in any way. The company still operates the animal feed business. and the Geothermal thermal energy business in Japan, a total of 15 units, as usual, not being sold at all.
The company has urgently entered into negotiations to repay the Buy Bulk SMS Service debt to the bond registrar. As for the remaining 43.7 million baht of bonds, the company will pay interest and principal to all bondholders by August 2, 2019, with the source of money coming from the previous capital increase. While the second debenture worth 319.50 million baht is due for redemption on August 2, 2019, the company will pay the principal and interest within 5 days or by August 7, 2019 by using the money received from selling securities for trading. Working capital of the business and money from capital increase As for the remaining bonds, totaling 541.60 million baht, payment has not yet been due. Consisting of the 3rd debenture worth 134 million baht due for redemption on 3 September 2019, the 4th debenture worth 200 million baht due for redemption on 8 May 2020 and the 5th debenture worth 207.60 million baht due for redemption on 8 May 2020. March 18, 2021.
"The company confirms that according to the guidelines for managing the said bonds without defaulting on any debenture payments And the 3rd, 4th, and 5th bonds, with a total value of 541.60 million baht, are not yet due for redemption. Therefore, there is no need to hold a meeting of bondholders. Important points of the company will manage money management To be able to repay debt according to the next redemption period." Currently, the company There is short-term and long-term loan debt totaling 927 million baht when the company has not defaulted on the bond repayment. As a result, the said debt burden has no impact on the Company's operations. or affect the business operations in any way. The company still operates the animal feed business. and the Geothermal thermal energy business in Japan, a total of 15 units, as usual, not being sold at all.