As Stark Corporation is projected to potentially default on the payment of bonds worth nearly 9.2 billion baht, the Securities and Exchange Commission (SEC) has released guidelines for investors to track damages.
The SEC recommends investors study the investment information because investing in debt securities is high-risk, and investors could lose both the principal and interest.
The advice clarifies the roles and functions of bond representatives in maintaining investors’ rights and interests in the event of default.
Tayakorn Jitrakuldhacha, director of the SEC bond department, said a major risk for bond investment is a default, where the issuer is unable to pay the principal or interest as scheduled. In some cases, the issuer is unable to pay the debt due immediately (a call…
