IFEC to File an Appeal after Central Bankruptcy Court Dismisses a Business Rehab Petition

Inter Far East Energy Corporation Public Company Limited (IFEC) announced that the Central Bankruptcy Court has scheduled an appointment to hear an order of the business rehabilitation in Black Case No. Phor.14/2561 and Red Case No. Phor.25/2561 on 15 February 2021 at 9:30 a.m.

Today, the Central Bankruptcy Court dismissed the creditors’ business rehabilitation petition. The company, as a debtor, disagrees with the order of the Central Bankruptcy Court and would like to exercise the right to appeal such court order within the legal period.