Our Current Understanding of Group Lease PCL
Group Lease PCL、J TRUST ASIA PTE. LTD.
A first-instance judgment was handed down in the civil litigation concerning a claim for repayment of convertible bonds from Group Lease PCL.
Related procedures
First-instance judgment in civil litigation
Thai court (name Not disclosed)
J TRUST ASIA PTE. LTD.
Group Lease PCL
THB 5,522,400,000 in total (approximately ¥26,508 million). Court costs and attorneys' fees are THB 1,000,000 each (approximately ¥5 million).
Payment of THB 5,522,400,000 in total (approximately ¥26,508 million). In addition, THB 1,000,000 each (approximately ¥5 million) in court costs and attorneys' fees. However, the amount actually received based on the final judgment of USD 124,474,854 (approximately ¥19,667 million) received by J Trust Asia in Singapore will be deducted from the payment amount above.
Drawing on the experience of our Group, we will continue to make every effort to recover the losses.
| Item | Details |
|---|---|
| Event name | Our Current Understanding of Group Lease PCL |
| Date of occurrence | 10 August 2026 (date the first-instance judgment was handed down) |
| Date recognized / date notice received | 10 August 2026 (date a lawyer representing J Trust Asia reported the judgment details) |
| Subject Entity | Group Lease PCL、J TRUST ASIA PTE. LTD. |
| Cause | A first-instance judgment was handed down in the civil litigation concerning a claim for repayment of convertible bonds from Group Lease PCL. |
| Amount of Impact on Business Performance | Payment of THB 5,522,400,000 in total (approximately ¥26,508 million). In addition, THB 1,000,000 each (approximately ¥5 million) in court costs and attorneys' fees. However, the amount actually received based on the final judgment of USD 124,474,854 (approximately ¥19,667 million) received by J Trust Asia in Singapore will be deducted from the payment amount above. |
| Type of litigation or proceeding | First-instance judgment in civil litigation |
| Court or authority | Thai court (name Not disclosed) |
| Plaintiff | J TRUST ASIA PTE. LTD. |
| Defendant | Group Lease PCL |
| Date of filing / date of action | 10 August 2026 (date the first-instance judgment was handed down; filing date Not disclosed) |
| Claim amount / surcharge amount | THB 5,522,400,000 in total (approximately ¥26,508 million). Court costs and attorneys' fees are THB 1,000,000 each (approximately ¥5 million). |
| Outlook | Drawing on the experience of our Group, we will continue to make every effort to recover the losses. |
Items this document does not state (12)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.A first-instance judgment was handed down in the civil litigation against Group Lease PCL.