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ข่าวแจ้งตลาดหลักทรัพย์

ข่าวแจ้งตลาดหลักทรัพย์

29 กันยายน 2540

DENIES LIQUIDITY CRUNCH

Ch Karnchang Plc denied the news published in the daily Phujadkarn on Sep 26, 1997 page 16 reporting "According a source in Siam Commercial Bank, CK is facing severe liquidity crunch and Bangkok Bank and Thai Military Bank quit extending its loans to the company as a result." CK denounced this news was groundless, clarifying the company has never faced liquidity problems, and BBL, TMB or any financial institutions still extend loans to the company as usual. All of CK's projects have been already contracted. Its projects -- the 2nd phase expressway (Pakkred-Bang Pa-in), Rama IX-Srinakrin), Bang Na-Bang Pli, Bang Pakong or subway project -- has been supported by both local and oversea financial institutions regularily. Comment: Please verify details in Public SIMS. Translated by The Nation