Our Current Understanding of Group Lease PCL
Group Lease PCL (GL), J TRUST ASIA PTE. LTD. (J Trust Asia)
GL’s failure to make payment by the deadline stipulated in the first-instance judgment
Related procedures
Civil litigation, enforcement proceedings
Thai court
J TRUST ASIA PTE. LTD. (J Trust Asia)
Group Lease PCL（GL）
A total of THB 5,522,400,000 (approximately ¥26.508 billion) and default interest stipulated in the judgment
A total of THB 5,522,400,000 (approximately ¥26.508 billion) and default interest stipulated in the judgment. Accounting classification: Not disclosed
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 (the date the first-instance judgment was handed down). The dates of issuance of the enforcement writ and appointment of the enforcement officer were Not disclosed |
| Subject Entity | Group Lease PCL (GL), J TRUST ASIA PTE. LTD. (J Trust Asia) |
| Cause | GL’s failure to make payment by the deadline stipulated in the first-instance judgment |
| Amount of Impact on Business Performance | A total of THB 5,522,400,000 (approximately ¥26.508 billion) and default interest stipulated in the judgment. Accounting classification: Not disclosed |
| Type of litigation or proceeding | Civil litigation, enforcement proceedings |
| Court or authority | Thai court |
| Plaintiff | J TRUST ASIA PTE. LTD. (J Trust Asia) |
| Defendant | Group Lease PCL（GL） |
| Date of filing / date of action | First-instance judgment date: 10 August 2026. The dates of issuance of the enforcement writ and appointment of the enforcement officer were Not disclosed |
| Claim amount / surcharge amount | A total of THB 5,522,400,000 (approximately ¥26.508 billion) and default interest stipulated in the judgment |
| 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 (13)
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.As GL failed to make payment by the deadline stipulated in the first-instance judgment, J Trust Asia initiated enforcement proceedings, and the Thai court issued an enforcement writ and decided to appoint an enforcement officer.