The SEC warns ECF246A bondholders to exercise their voting rights at the meeting on 30 April 2024.

According to the company East Coast Furniture Public Company Limited (ECF) as a bond issuer ECF246A There will be a meeting of bondholders No. 1/2024 on April 30, 2024 at 3:30 p.m. by means of an electronic meeting (E-Meeting) with the agenda for consideration and approval as follows.

Agenda 1

(1) Extend the maturity period for redemption of ECF246A bonds for another year.

(2) Sharing the repayment of the bond principal to some of the bondholders. By reducing the par value per unit. A total of 5 percent of the value of the bonds on the date of issuance. The payment is due on June 9, 2024, which is the due date for the original debenture redemption. And the remaining bond principal will be repaid on June 9, 2025, which is the maturity date of the extended bonds.