SEC Warns MJD Bondholders to Exercise Rights at Bondholder Meeting on Feb 10

The Securities and Exchange Commission (SEC) is warning bondholders of 7 MJD bond series to exercise their rights at the bondholder meeting on February 10, 2569. The SEC advises bondholders to study the information, ask questions to the bond issuer or bond representatives to ensure comprehensive and sufficient information for decision-making. Major Development Public Company Limited (MJD) will host the bondholder meeting for series MJD25OA, MJD25OB, MJD263A, MJD265A, MJD26OA, MJD274A, and MJD278A on February 10, 2569 at 2:00 PM via electronic meeting. The key agenda is to consider approving a waiver for the bond issuer's obligation to maintain the Net Debt to Equity Ratio from Q4 2568 until December 31, 2571. The SEC has instructed the bond representatives to analyze the pros, cons, benefits, and impacts of the proposed resolution, and recommends bondholders carefully study the information and protect their interests.