SET:TPCH

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Court Dismisses TPC Power's Petition for Thai Polycons Rehabilitation

TPC Power (SET:TPCH) said the Central Bankruptcy Court dismissed its petition seeking business rehabilitation for Thai Polycons (SET:TPOLY), citing insufficient grounds and feasible prospects for rehabilitation.TPC Power said it still believes rehabilitation is the best way to restructure Thai Polycons' debt, address its financial problems and improve debt recovery.The company said it is evaluating appropriate courses of action, including exercising relevant legal rights, and will disclose any material developments.

SET:TPCHSET:TPOLY

Asia8d ago

TPC Power Names New CFO

TPC Power (SET:TPCH) named Sakchai Leerattanakul as its chief financial officer, effective Sept. 1, according to a same-day filing with the Thailand Exchange.Leerattanakul succeeds Cherdsak Wattanavijitkul, who left the role on Aug. 31.

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