Jul. 16--KARAT SANITARYWARE said that its board on July 12 approved voluntary delisting of 47.2m shares from the SET. After the SET approves the delisting, Kohler Co will offer to buy shares from other shareholders. A presentation for investors on delisting will be held on Aug 13 from 3 pm at the Hilton International Bangkok Hotel. In line with the company's debt restructuring plan, the board also approved a loan agreement with a new creditor, aimed at repaying existing debts. Also as part of debt restructuring, the board approved the sale of land plots with a total area of 1,152 rai in various provinces to RPLM (Thailand) Co for 472.7m bt, and subsequently leasing the land …
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