The Thailand Securities and Exchange Commission (SEC) published an investor notice for holders of the STRD24DA bond issued by Wastech Exponential Co., Ltd. (WTX), urging them to review all available information, exercise their rights at the upcoming bondholders’ meeting, and seek additional details from the issuer or the bondholders’ representative to support an informed voting decision. The SEC also required the bondholders’ representative to assess the benefits, shortcomings and potential impacts on bondholders of approving or rejecting the proposed resolutions, with supporting reasons and the representative’s opinion. WTX will seek bondholder approval to waive events of default linked to missed interest payments, including interest due on 10 March 2025 (paid in full on 30 May 2025) and interest due for the June 2025 period, and to cancel accelerated maturity and related actions taken by the bondholders’ representative. Further proposals include an exemption related to entering debt restructuring negotiations, reducing the partial principal repayment due on 30 June 2026 from 25 percent to 10 percent of the bond value as of the issuance date, extending maturity from 9 December 2026 to 30 June 2027, changing interest payment dates to 30 March, 30 June, 30 September and 30 December, and increasing the interest rate from 7.75 percent to 7.80 percent per year effective from 9 March 2025 until maturity with 5.00 percent paid currently and 2.80 percent deferred and aggregated for payment at maturity or early redemption. The package also includes additional security via a personal guarantee by Mr. Supamongkol Manoch. The bondholders’ meeting will be held electronically on 9 July 2025 at 14:00. Agenda items covering maturity extension and the related changes to interest and security (items 4–7) must be considered and approved together, and if the meeting does not approve the maturity extension, WTX will not put the remaining related items to a vote.

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