The Thailand Securities and Exchange Commission urged bondholders in 11 series of Energy Absolute Public Company Limited bonds to review available information, exercise their rights at the upcoming bondholders’ meeting on 16 December 2025, and seek additional details from the issuer or bondholders’ representatives to support an informed voting decision. Energy Absolute will convene Bondholders’ Meeting No. 6/2025 in a hybrid format to consider acknowledging the rationale for the meeting and the status of negotiations with banks, and to vote on approving a partial business transfer and related contractual documentation across all 11 bond series. The SEC also required bondholders’ representatives to assess and explain the benefits, shortcomings and potential impacts on bondholders under both approval and rejection scenarios, including supporting reasons and their stated opinions.
Thailand Securities & Exchange Commission 2025-12-11
Thailand Securities and Exchange Commission urges holders of 11 Energy Absolute bond series to scrutinise partial business transfer proposal ahead of 16 December meeting
The Thailand Securities and Exchange Commission advises bondholders of 11 Energy Absolute Public Company Limited bond series to review information and exercise their rights at the bondholders’ meeting on 16 December 2025. The meeting will address the rationale, negotiation status with banks, and a vote on a partial business transfer. Bondholders’ representatives must evaluate and communicate the benefits, drawbacks, and potential impacts of the proposals.