ALL reveals that creditors filed for bankruptcy with a debt of 46 million. The court scheduled a hearing on 16 Oct.

2023-10-02 00:17:00

All Inspire Public Company Limited (ALL) revealed that a secured creditor filed for bankruptcy with a debt of 46 million baht. The court scheduled a hearing on 16 Oct. The company is in the process of negotiating to extend debt repayment.

Mr. Thanakorn Thanawarith, Chief Executive Officer of the Company All Inspire Development Public Company Limited or ALL Revealed that the company would like to inform you that on August 18, 2023, the company has been filed by a secured creditor as a defendant in a bankruptcy case. to the Central Bankruptcy Court Black case number L.4495/2566 in the total amount of loan debt 46,020,756.16 baht

With this creditor, the company ordered 12 advance payment checks to the creditor and mortgaged land title deeds No. 10838, 10837, 113340, 10840 and 113343, Chalong Subdistrict, Mueang Phuket District. Phuket Province, a total of 5 plots (empty land without buildings) as collateral for repayment of said debt.

The court received the complaint. and scheduled a hearing at the Central Bankruptcy Court on October 16, 2023 at 9:00 a.m.

Incidentally, the company is in the process of negotiating to extend the debt repayment period with creditors and will continue to report progress.

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