The Stock Exchange of Thailand requests Stark Corporation Public Company Limited (STARK) to expedite clarification on the progress of preparing financial statements for the year 2022, prepare a special audit and various actions within the 13th day of June 2023, because the company’s affairs are important and has a wide impact on investors as follows:
1. Status of preparation and date of presentation of the financial statements for the year 2022, as well as asking to explain that they will be reviewed financial statements. or check version And if the above financial statements cannot be submitted by June 16, 2023, as previously notified by the company, please explain the reason for the delay and the timetable for submission. This is only a revised version. Please inform of the timetable that the company will present the audited financial statements for the year 2022 and the financial statements for the first quarter of the year 2023.
2. Appoint an auditor to carry out a special audit in accordance with the procedure of the Office of the Securities and Exchange Commission (SEC), including the preparation status and the timetable to submit such a special audit report which will be received within June 16 , 2023
3. Situations and effects on the Company as a result of being called upon to repay the Company’s outstanding debt including 2 tranches of debentures totaling 2,241 million baht including interest. that the bondholders have exercised their right to demand immediate repayment of various debts and liabilities arising from cross-default events covering 3 other series of bonds totaling 6,957.4 million baht, as well as creditors of under other financial contracts that could exercise the right to claim all debts in the same way.
4. The Company’s actions in coordinating with various agencies that have legal authority to speed up the work of Investigation and investigation to find criminals
By InfoQuest News Agency (09 Jun ’23)
Tags: STARK , SET , Stock Exchange of Thailand , Stark Corporation , Thai stocks
