BANGKOK (AFX-ASIA) – The Central Bankruptcy Court said it has approved the dismissal of Effective Planners Ltd as restructuring plan administrator for Thai Petrochemical Industry Plc (TPI). The dismissal was made after TPI chief executive officer Prachai Leophairatana’s petition. TPI creditors — who first appointed Effective Planners — will appeal the court’s decision, according to…
THAILAND: Court approves dismissal of TPI’s Effective Planners
Posted on April 25, 2003 by EnergyAsia