ThaiBMA warns investors about corporate bonds as firms struggle amidst pandemic

Other companies facing similar challenges include Asia Capital Group, Apex Development (APEX), Inter Far East Energy Corporation (IFEC), and Destination Resorts.

Ariya noted that several companies have struggled due to the prolonged Covid pandemic, leading to liquidity shortages. However, this doesn’t necessarily reflect their overall quality. She also mentioned that some companies dealing with debt repayment issues have been involved in accounting fraud.

Small and medium-sized firms issuing high-yield corporate bonds and debentures have found it challenging to attract investors, while bonds from large corporations like PTT, SCG, and major banks are gaining investor interest, Ariya says.

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“We advise investors to meticulously scrutinise all information before making an investment decision. This includes not only whether the…