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SEC Asks CISSA221A Bondholders to Exercise Their Rights: Agenda for Bondholder Meeting

Stock news17:38, 2023-07-25

The Securities and Exchange Commission (SEC) asks CISSA221A bondholders to exercise their right to hold a bondholder meeting, study information, ask questions about the issuer or bondholders’ representatives. in order to obtain complete and sufficient information for decision-making

According to Sizza Group Company Limited, as the issuance of shares, the loan will be held for the 2/2013 on July 27, 20.00 hrs. By 14.00 hrs. By means of electronic media. For the company’s insurance, there is a guarantee of 1/2013. Out

For the aforementioned meeting, the agendas for consideration are as follows:

Agenda 1 To consider and approve the waiver of compliance with terms and conditions Regarding the Closing of the Register of Bondholders to Determine the List of Participants in the Bondholders’ Meeting and the delivery period of the bondholder meeting invitation letter

Agenda 2 To consider and approve the debenture issuer to waive the payment of partial redemption of the debentures due on July 31, 2023, without being considered a default under the terms and conditions.

Agenda 3 To consider and approve the waiver of the Company’s inability to comply with the terms and conditions on maintaining the ratio of debt to equity at the end of the quarter or the end of the fiscal year. shall not be regarded as an event of default under the terms and conditions

In this regard, the SEC has issued guidelines for the performance of duties of debenture holder representatives. The bondholders’ representatives are asked to analyze the advantages, disadvantages, benefits, and impacts that the bondholders will receive from the approval. or not approved Be clear about each choice. with reasons With the opinions of debenture holder representatives, the SEC therefore urges debenture holders to carefully study the information. and exercise the rights of bondholders to protect their own interests as well as asking for information from the debenture holder representative In order to have complete information for making a decision to vote in the bondholder meeting as well

By InfoQuest News Agency (25 July ’23)

Tags: SEC, Bonds
2023-07-25 10:52:02
#SEC #reminds #CISSA221A #debenture #holders #exercise #rights #meeting #July #knocking #request #waiver #late #redemption #InfoQuest

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