December 14, 2016 / 6:41 PM / a year ago

BRIEF-Bangkok Bank clarifies case of customer dispute with its counterparty

Dec 15 (Reuters) - Bangkok Bank Pcl :

* Bangkok Bank clarifies the case of a customer in dispute with its counterparty

* Refers to media reports that co didn’t honor payment obligation under letter of guarantee issued at request of CTH PCL in favor of Fox Networks Group Asia

* CTH instructs Bangkok Bank not to make payment as demanded because Fox Networks Group Asia was at fault for breaching contract

* Since Fox Networks Group Asia filed lawsuit against CTH in court of law in Hong Kong, co not in position to provide any details Source text for Eikon: Further company coverage:

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