Global Consumer Public Company Limited (GLOCON), the issuer of GLOCON242A, will convene the bondholders’ electronic meeting No. 1/2567 on 13 February 2024 at 14.00 hours. The e-meeting’s agenda contains subject matters for consideration as follows:

Agenda Item 1: Consideration for approval of a two-year extension of the maturity date, from 25 February 2024 to 25 February 2026, and consideration for approval of nine installment repayments of the principal on the due dates of interest payments throughout the two-year extension period by reducing the par value per unit;   

Agenda Item 2: Consideration for approval of an increase in the interest rate from 7.25 percent per year to 7.50 percent per year during the extended period 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.  

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Note: Asia Plus Securities (Thailand) Public Company Limited is the bondholder representative of GLOCON242A.