THAI's Creditors' Meeting Postponed

12 May 2021

The Official Receiver has scheduled the date for creditors' meeting for consideration of the Rehabilitation Plan of Thai Airways International Public Co., ltd. (THAI) via electronic media (e-Meeting) on 12 May 2021 at 9.00 a.m. On 7 May 2021, the Planner and several creditors submitted 15 plan amendment proposals.

During the creditors' meeting, Planner has clarified the debt repayment conditions as stated in the Rehabilitation Plan and presented the details of the proposal to amend the Plan as submitted by the Planner. Also, the creditors who filed the Plan amendment petitions have clarified the details prescribed in their petitions. In addition, the Official Receiver has allowed the creditors to raise their inquiries regarding the Plan and the Planner and the Official Receiver replied to the questions. Since 20 creditors who hold the total debt amount in accordance to Section 90/47 of Bankruptcy Act B.E. 2483 have requested for the meeting postponement, the Official Receiver ordered the postponement of the creditors' meeting, and has scheduled the new date for creditors' meeting via electronic media (e-Meeting) on 19 May 2021 at 09.00 a.m. The creditors can cast votes for the Rehabilitation Plan and the Plan amendment proposal on the new scheduled meeting.