Country Group Development Public Company Limited (CGD), the issuer of CGD219A and CGD20OA bonds, will convene the bondholders’ meeting No. 1/2024 electronically on 27 August 2024 at 10.00 hours for the CGD219A bonds and at 11.00 hours for the CGD20OA bonds. The e-meeting contains an agenda for consideration as follows:     

 Agenda Item 1: Consideration for approval of the following matters:  

    (1) Extention of the maturity dates for the redemption of both bond issues for another year;   

    (2) Partial payment of the principal by reducing the par value per unit at a total rate of no less than 30% of the par value per unit as of 13 August 2024, to be paid on the original maturity date. The outstanding amount of the principal will be paid on the extended maturity date. 

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.        

Remark:
DAOL Securities (Thailand) Public Company Limited acts as the bondholder representative for CGD219A bonds, which will be due on 6 September 2024. Pi Securities Public Company Limited acts as the bondholder representative for CGD20OA bonds, which will be due on 19 October 2024.