Kingsgate Extends TAFTA Arbitral Award Holding Period
Key points
- Mutual agreement with Kingdom of Thailand to extend TAFTA arbitral award holding period by 6 weeks
- Extension follows recent political developments in Thailand, including new Prime Minister appointment
- Kingsgate continues constructive engagement with new Thai Government
Full summary
Kingsgate Consolidated Limited (ASX:KCN) has advised that by mutual agreement with the Kingdom of Thailand, the holding period for the arbitral award under the Thailand-Australia Free Trade Agreement ('TAFTA') has been extended for six weeks until 15 November 2025. This extension follows recent political developments in Thailand, including the appointment of a new Prime Minister. Kingsgate continues to engage constructively with the new Thai Government and remains committed to advancing the best interests of shareholders and the Company, while appropriately balancing the interests of relevant stakeholders.
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