Chewathai Public Company Limited, as the issuer of debentures CWTTH26OA, CWTTH272A, CWTTH276A, CWTTH27NA, CWTTH27NB, CWTTH282A and CWTTH283A, convened the first debenture holders' meeting of 2026 on 30 September 2026, but the number of debenture holders attending did not constitute a quorum as required under the rights terms. It has therefore scheduled another meeting of the holders of these debenture series for 7 October 2026 at 2:00 p.m., to be held by electronic means. The key agenda items include granting a waiver so that the holding of a debenture holders' meeting to amend repayment terms is not treated as an event of default under the rights terms, for certain series only; extending the maturity date of the debentures; and amending the terms for early redemption of the debentures before maturity. The SEC has required the debenture holders' representative to clearly analyse the advantages, disadvantages, benefits and impacts that debenture holders would receive from approving or not approving each resolution, for each option, together with supporting reasons and the opinion of the debenture holders' representative. The SEC therefore urges debenture holders to study the information carefully, exercise their rights to protect their interests, and seek information from the debenture holders' representative so that they have complete information to decide how to vote at the debenture holders' meeting.
Chewathai Public Company LimitedDebenture holders' meeting seeks to extend maturity and amend early-redemption terms, signaling repayment stress for Chewathai's debentures.
