The SEC informs STARK bondholders to apply for repayment in the business rehabilitation case within 11 April.

Bangkok, The SEC informs STARK bondholders to submit an application for debt settlement in the business rehabilitation case of Phelps Dodge International (Thailand) Co., Ltd. electronically. or submit in person within 11 April 2024 The Securities and Exchange Commission (SEC) informs bondholders of Stark Corporation Public Company Limited (STARK) that they can submit a request for debt repayment in the business rehabilitation case. of Phelps Dodge International (Thailand) Co., Ltd. (Phelps Dodge) electronically or submit it yourself or give power of attorney with the form of the Legal Execution Department to the Receiver, Legal Execution Department, or Legal Execution Offices throughout the country. As the Central Bankruptcy Court ordered on February 8, 2024, for Phelps Dodge to rehabilitate its business and establish EY Corporate Advisory Services Company Limited as the plan planner, which is the next step according to the Bankruptcy Act B.E. 2483. Require creditors to submit requests for debt repayment t o the Official Receiver, Legal Execution Department, within a period of 1 month from the date of the advertisement in the Royal Gazette on March 11, 2024, which will be due on April 11, 2024. STARK bondholders can submit a request for debt repayment in order to preserve their rights according to the following methods: 1) Electronic submission By submitting a request for debt repayment and attaching evidence supporting the request. According to the methods and conditions specified on the website of the Legal Execution Department. https://reorg-service.led.go.th/index/ 2) Filing documents at the Legal Execution Department By submitting a request for debt repayment to the Official Receiver at the Debtors' Business Rehabilitation Division. Government Center Commemorating His Majesty the King's 80th Birthday Anniversary, 5 December, Ratchaburi Direkrit Building (Building A), 8th Floor, No. 120 Chaengwattana Road, Thung Song Hong Subdistrict, Lak Si District, Bangkok 10210 or Legal Execution Offices nationwide. The printable form can be downloaded from the website of the Legal Execution Department. https://www.led.go.th/form/form.asp STARK bondholders can study information on supporting documents and guidelines for submitting debt repayment applications at the Legal Execution Department's website. https://www.led.go.th/brd/efiling/ or call to inquire at the Legal Execution Department 0-2142-5201-13 For the process of submitting a request for debt repayment and those who can submit applications for debt repayment in business rehabilitation cases It is as specified in the Bankruptcy Act of 1940 that filing a request for debt repayment in the Phelps Dodge business rehabilitation case is only an exercise of the rights of STARK bondholders in requesting debt repayment. Whether STARK bondholders will receive repayment or not and how? It depends on evidence to prove the debt of STARK bondholders and the discretion of the Receiver or the Central Bankruptcy Court to issue further orders. STARK bondholders can follow the ne ws and ask for additional information from bondholder representatives. Source: Thai News Agency