Country Group Development Public Company Limited (CGD), as the CGD206A bond issuer, will convene the bondholders’ meeting No. 1/2024 on 29 May 2024 at 10.00 hours via electronic means. The e-meeting’s agenda contains the following matters:

Agenda Item 1: Consideration for approval

(1)  Extension of the maturity period for another year

(2)  Partial repayment of the principal at least 30 percent of the par value per unit as of 15 May 2024, to be made on 25 June 2024. The remaining principal will be repaid on the maturity date, as extended.     

Agenda Item 2: Consideration for approval of the proposed revision to the terms and conditions regarding the collateral maintenance against the principal debt by allowing the issuer to redeem or return the full or partial value of the assets used as collateral according to the amount of the repaid debt, and/or to repurchase the bonds. 

The SEC requires that the bondholders’ 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 bondholders’ 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 bondholders’ representative to obtain comprehensive information before making an informed decision at the bondholders’ e-meeting.   

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Note: DAOL Securities (Thailand) Public Co., Ltd. is the bondholders’ representative for CGD206A bonds.