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Monday, April 29, 2024

SMK Insurance barred from new customers

People gather at the Central Bankruptcy Court in May last year to demand that Syn Mun Kong Insurance Plc pay compensation as stipulated in insurance policies and object to the company’s financial rehabilitation request with the court. (Bangkok Post file photo)

The Office of Insurance Commission (OIC) had ordered SET-listed Syn Mun Kong Insurance (SMK) not to accept new applicants after the Central Bankruptcy Court revoked its rehabilitation petition.

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