Begistics Public Company Limited (B), the issuer of B255A bond, will electronically convene the Bondholders’ Meeting No. 1/2025 on 30 April 2025 at 14.00 hours to consider the following matters:      

(1) extending the maturity period for bond redemption for one year and six months, to be due on 16 November 2026;  

(2) structuring the principal repayment into three installments: the first installment, equal to 10 percent of the bond value on the issuance date, will be due on 16 November 2025; the second installment, also equal to 10 percent of the bond value on the issuance date, will be due on 16 May 2026; and the third installment, covering the remaining principal balance, will be due on the extended maturity date;  

        (3) increasing the bond interest rate from 7.35 percent per year to 7.50 percent per year, applicable throughout the extended maturity period.  

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 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 a voting decision at the bondholders’ e-meeting.   

Remark: Daol Securities (Thailand) Public Company Limited serves as the bondholders’ representative for B255A bond due for redemption on 16 May 2025.