Drag ACAP to the bad news / Sunan Srichandra

And if ACAP defaulted on debt payment Will be another company in the AEC Securities Public Company Limited group or AEC that has defaulted After PP Prime Public Company Limited or PPPM has defaulted on the previous debt repayment

Many AEC-listed companies are in alarming condition. Both financial and operational status. ACAP is the latest company to be monitored Because the credit rating has been downgraded Due to the ability to pay recession

TRIS Rating Company Limited, one of the two credit rating companies approved by the Office of the Securities and Exchange Commission (SEC), has announced the reduction of ACAP's corporate credit rating from BB to B. The company's credit is "minus"

Reduced credit rating Reflecting declining confidence in the ability to pay off debt And the company is unable to show evidence of finding sufficient cash sources or new loans For repayment due in the near term

And reducing credit It also includes a view to weak corporate governance standards due to the fact that GSC, a subsidiary of ACAP, holds a 64% stake due to not following the SEC's announcement regarding the connected transaction in the case of GSC. Let ACAP Loans Reflect Weak Conflict Resolution

Currently, ACAP has a total loan of 3.34 billion baht, with debt of 2.68 billion baht of debentures, 80 million baht of bills of exchange, promissory notes of 442 million baht in the same group and 142 million baht of other promissory notes.

Details for considering reducing credit rating of "Tris" It is an ACAP dissection without good pieces. ACAP's share price has been continuously absorbed by the news. Until creating a new low at 1.59 baht / share

But on tuesday ago Instead, there is a buying price chasing up against all the bad news. Like having an inside cider chasing away stocks

The only good news that may stimulate the price of ACAP shares is the only issue. Repaying the 130 million baht P / N ticket back to GSC, but no information has been reported to the Stock Exchange. Which, if able to actually repay the debt Probably have to check trading data on Tuesday In order to check the use of insider information Taking advantage of investors

But if the default payment of P / N ticket will be bad news that will pull the price of ACAP plummeted again.

GSC and ACAP should be notified of progress Repaying Debt P / N in the Credit Line of Baht 130 Million to the Stock Exchange of Thailand But do not know why these 2 listed companies are covering the news Despite the passing of days

The stock market should order the two companies to immediately provide information regarding settlement of debts between them. After the end of September 23, because repayment information has a direct impact on the price of both companies' shares and the disclosure of payment information immediately Will help prevent the use of inside information to seek benefits from stock trading

And the sharp rise in ACAP on Tuesday. May involve debt repayment P / N

However, on 25 September, GSC will hold a shareholders' meeting to request a resolution for ratification. Loaning to ACAP and GSC executives must report ACAP's 130 million debt settlement to the shareholders' meeting.

If defaulted, ACAP will be another stock in the AEC and PPPM groups that investors should withdraw. Because they are fragile in financial status And there will be operational problems that follow

Anyone holding AEC shares will be tired for this hour. Because the bad news of this group of shares is continuously exposed, ACAP shares are being bombarded with the latest news.