News Detail

Date/Time
04 Apr 2019 20:25:00
Headline
Notification of the Resolution of the Board of Directors Meeting Regarding to Employee Joint Investment Program
Symbol
CPN
Source
CPN
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                (Translation)

No. 51/2019/014

4 April 2019

Subject:    Notification of the Resolution of the Board of Directors Meeting 
Regarding to Employee Joint     Investment Program
To:    The President,
    The Stock Exchange of Thailand
Enclosure:  Summary of Central Pattana Public Company Limited's Employee Joint 
Investment Program
 
    The Board of Directors Meeting of Central Pattana Public Company Limited ("the 
Company") No. 3/2019 held on 4 April 2019 has passed the resolution to approve
the Central Pattana Public Company Limited's Employee Joint Investment Program
("EJIP"). The Summary of EJIP is as appeared in the Enclosure.
     As to be complied with Clause 6(6) of the Notification No. SorJor. 38/2018 of 
the Securities and
Exchange Commission ("SEC"), the Board of Directors has issued the letter to the
SEC to certify that the EJIP has been complied with Clause 7 Notification No.
SorJor 38/2018 of the SEC. The Board of Directors has an opinion that EJP is an
investment program on accumulative buying of the Company's shares on a periodic
basis, serving as another means of compensating employees of the Company and its
subsidiaries. The Company will deduct money from payroll of participants at the
rate of 5 per cent of base salary of eligible employees who voluntarily joint
EJIP each month. The Company shall contribute at the equivalent amount of the
employees' contribution. Both employees' and the Company's contribution will be
invested on buying CPN share or CPN's Non-Voting Depository Receipt ("CPN-R")
as the case may be in the Stock Exchange of Thailand (SET) within the Company's
specified date in each month by Tisco Securities Public Company Limited, who has
 been assigned by the Company to execute EJIP.
Please be informed accordingly.
Sincerely,

    - Ampawee Chompoopongkasem-
    (Ms. Ampawee Chompoopongkasem)
Company Secretary
______________________________________________________________________
This announcement was prepared and disseminated by listed company or issuer 
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of the information and related documents of listed company or issuer to the
Stock Exchange of Thailand only.  The Stock Exchange of Thailand has   no
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