The Securities and Exchange Commission (SEC) Revealed that according to the Singapore court order of August 15, 2022, in the case of Zipmex Group’s application for a moratorium on debt payments until December 2, 2022, also ordered Zipmex Group to consider setting up a creditors’ committee (Committee of Creditors), especially in the case of Thailand including other transactions
With Zipmex Group’s Singapore court order debt moratorium set to expire on December 2, 2022, the Securities and Exchange Commission (SEC) has issued a letter to Zipmex. Co., Ltd. (Zipmex) has prepared a summary report on the execution of the aforementioned Singapore court order by submitting it to the SEC and also notifying Zipmex’s customers, disseminating Zipmex’s communication channels such as the company’s Facebook pages, etc. ., by 18 November 2022
In the past, the SEC had sent a letter to Zipmex on September 16, 2022 and October 6, 2022 to consider setting up a creditors’ committee under the Singapore court order. to maintain the advantage of customers who are creditors
