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EA Bondholders Left in Limbo: Meeting Abruptly Closed, New Appointment Looms

September 20, 2024 Catherine Williams - Chief Editor Business

Energy ⁤Absolute Public Company Limited Postpones​ Bondholders Meeting

Energy‌ Absolute Public Company​ Limited (EA)​ recently convened a meeting of‌ bondholders No. 3/2024 ‍for high-risk environmental ‍conservation bonds No. 2/2023, ​Set 1, scheduled for redemption in 2024. However, the meeting was ‌adjourned due to insufficient attendance by debtors and proxies, failing to form ⁢a quorum.

The meeting, initially scheduled ​for​ redemption, ⁢was postponed to ⁣allow for additional collateral to‌ be obtained. Despite the efforts, the required number of attendees was not met, prompting the chairman ‌to adjourn the meeting. ‌The meeting of bondholders has been rescheduled for October ⁢1, 2024, ⁢at 10:00 am, with the agenda remaining unchanged.

According to⁤ the details ‌of the meeting,​ a total of 526 bondholders and proxies ​attended,‌ representing 1,147,200 bond ⁤units. This accounts for⁣ 28.68% of⁢ the total‍ bond ⁤units.

By⁢ Sasithorn Simaporn

Tags: #bondholders #meeting #postponed ​#insufficientattendance #rescheduled

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