W-Scope (6619) · RiskRestated
Risk in the guarantee provision process due to failure to obtain consent from WCP bondholders
First written in FY2020-Q1. 1 of 2 entries say "Restated". Latest entry: FY2020-Q2.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
Guarantee-Furnishing Procedural Risk Due to Failure to Obtain Bondholder ConsentA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
No other company in this theme has enough history to compare yet.
Full recordFilings, disclosures and news, newest first
- FY2020-Q2RestatedAnnual report
「The provision by W-SCOPE CHUNGJU PLANT CO., LTD. of a guarantee for our borrowings requires the consent of its bondholders, and procedures are under way to obtain that consent.」
Procedures to obtain the bondholders' consent required for WCP to provide a guarantee remain ongoing. - FY2020-Q1First statedAnnual report
「The provision by W-SCOPE CHUNGJU PLANT CO., LTD. of a guarantee for our borrowings requires the consent of its bondholders, and procedures are under way to obtain that consent.」
The need to obtain bondholder consent for WCP to provide a guarantee, a condition of the waiver agreement with financial institutions, is described as a new risk, with procedures to obtain consent still ongoing.