Sign In
SEC News

SEC encourages CGD213A bondholders to exercise their rights at the upcoming bondholders’ meeting



Thursday 7 March 2024 | No. 54 / 2024


Bangkok, 7 February 2024 – The Securities and Exchange Commission (SEC) encourages the bondholders of CGD213A to study all available information, exercise their rights at the upcoming bondholders’ meeting, and reach out to the bond issuer or the bondholder representative to obtain comprehensive and sufficient details for making an informed voting decision.

Country Group Development Public Company Limited (CGD), the issuer of CGD213A, will convene the bondholders’ electronic meeting No. 1/2567 on 12 March 2024 at 10.00 hours. The e-meeting’s agenda contains subject matters for consideration as follows:

  Agenda Item 1: Consideration for approval of a one-year extension of the maturity date;  

Agenda Item 2: Consideration for approval of a partial repayment of the principal by reducing the par value per unit by at least 20 percent of the par value per unit on the issue date of the bond. 

The SEC requires that the bondholder representative analyze the benefits and shortcomings as well as the potential impacts on the bondholders both in cases of approval and decline of approval for the above matters with respective supporting reasons, and clearly provide information to the bondholders together with the opinions of the bondholder representative. The bondholders are, therefore, encouraged to thoroughly review the information and exercise their rights to protect their own interests. They should also make necessary inquiries to the bondholder representative to obtain complete information before making an informed decision at the bondholders’ e-meeting.   

_______________________

Note: Dao Securities (Thailand) Public Company Limited is the bondholder representative of CGD213A. 






Related News

SEC urges JCKD206A bondholders to exercise their rights at the upcoming bondholders’ meeting
SEC urges EP24DA bondholders to exercise their rights at the upcoming bondholders’ meeting
SEC urges JCKD206A bondholders to exercise their rights at the upcoming bondholders’ meeting
SEC urges PSTC25NA bondholders to exercise their rights at the upcoming bondholders’ meeting
SEC urges GRAND25OA bondholders to exercise their rights at the upcoming bondholders’ meeting