1.   SBCs were also advised to submit their action plans on capital injection, debt recovery and how to address their liquidity problems to enable them to handle the risks.

2.   Thailand got its proposals in early for projects to strengthen its social safety net, increase employment, ease a credit crunch and support corporate debt recovery.

3.   Subsequently, brokers which were likely to encounter foreseen financial difficulties, were requested to submit their respective plans on capital adequacy, liquidity and debt recovery.

4.   The first priority of special managers is to secure and preserve the assets to prevent any further asset deterioration and maximise debt recovery on behalf of creditors and shareholders.

5.   This is to enable these loans and the debt recovery programmes to be effectively managed.