04 Apr 2019 20:25:00
Notification of the Resolution of the Board of Directors Meeting Regarding to Employee Joint Investment Program
(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 through the electronic system which is provided for the purpose of dissemination 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 responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.