Bangkok--Aug 1--TRIS
Thai Rating and Information Services (TRIS) announced Friday, 1
August 1997, in a CreditUpdate that it has cancelled the rating of Thai-
German Products Public Company Limited (TGPRO)'s 600 million baht senior
debentures at the request of the company.
Therefore, TRIS will no longer monitor the rating of TGPRO's
debentures, and the rating assigned previously cannot be used as a
reference.
Note: "CreditUpdate" reviews ratings of companies or debt issues that have
already been rated by TRIS. CreditUpdate occurs when new debt instruments
are issued or if significant events have taken place that may impact a
company's current ratings or when current ratings are cancelled. The
update includes information to supplement the previously published
ratings. End.
Thai Rating and Information Services (TRIS) announced Friday, 1
August 1997, in a CreditUpdate that it has cancelled the rating of Thai-
German Products Public Company Limited (TGPRO)'s 600 million baht senior
debentures at the request of the company.
Therefore, TRIS will no longer monitor the rating of TGPRO's
debentures, and the rating assigned previously cannot be used as a
reference.
Note: "CreditUpdate" reviews ratings of companies or debt issues that have
already been rated by TRIS. CreditUpdate occurs when new debt instruments
are issued or if significant events have taken place that may impact a
company's current ratings or when current ratings are cancelled. The
update includes information to supplement the previously published
ratings. End.