31.9 C
Bangkok
Monday, May 6, 2024

Stark seeks to further delay report’s deadline

The logo of the Securities and Exchange Commission

Scandal-hit Stark Corporation is asking for a further delay in submitting its extended-scope special audit report, saying asset seizures by concerned agencies had disrupted the business and its filing to the Bankruptcy Court for capital and debt restructuring.

In a filing to the Stock Exchange of Thailand, the wire and cable maker said seizures of the group’s assets meant that the company was not in a position to…

Read more…

Latest Articles