SET orders JKN to explain the case of board resignation

The SET ordered JKN Global Group to explain the information in the case of the board resigning because they were not invited to attend the meeting to vote on the petition for business rehabilitation within 20 Nov. while JKN informed “Yutthaphong Ma-Ekaphisit Suthikulpanich” resigned from the position of director. Because I was not invited to attend the Board of Directors meeting on 7 November.









The Stock Exchange of Thailand (SET) asks JKN Global Group Public Company Limited or JKN to explain the case where the directors were not invited to attend the board meeting to vote on the petition for business rehabilitation as on November 15. 2023, in which JKN has notified the resignation of 5 directors, 2 directors gave the reason for their resignation that they were not invited to attend the Board of Directors’ meeting on November 7, 2023, in which it was resolved that the company submit a request for business rehabilitation to the Bankruptcy Court. Central (according to JKN news on 9 and 15 November 2023)

This is because filing for business rehabilitation with the Central Bankruptcy Court is an important matter and affects the rights of shareholders. Therefore, in order for shareholders and investors to be informed of such facts. Whether the fact that some directors were not invited to attend the Board of Directors’ meeting had any effect on the resolution of the said Board meeting or not? And how did the meeting fully comply with the Company’s regulations and related laws?

Therefore, the SET requests JKN to clarify the information for dissemination to investors through the SET system by November 20, 2023 and asks investors to follow the company’s explanation.

Recently, JKN provided additional information regarding the resignation of 2 of the 5 directors, Mr. Yutthaphong Ma and Mr. Ekaphisit. Suthikulpanich Resign from director position Due to not being invited to attend the Board of Directors’ meeting No. 10/2023 on November 7, 2023, in which it was resolved that the company submit a request for business rehabilitation with the Central Bankruptcy Court. and are concerned about the direction and strategy to solve the problem of liquidity and uncertainty of the company’s future business. Effective from 10 November 2023 onwards.