The SEC is warning holders of four CGD bond series to exercise their voting rights at a bondholders' meeting on September 15, 2026. Country Group Development Public Company Limited, as the issuer of the CGD206A, CGD219A, CGD20OA and CGD213A bonds, will hold the 1/2026 bondholders' meeting on September 15, 2026 at 2:00 p.m. via electronic means, or E-meeting. Key agenda items include extending the bond maturity dates and granting a waiver so that the company's actions are not treated as an event of default under the rights and conditions, with the latter applying only to the CGD213A series. The SEC requires the bondholders' representative to clearly analyze the advantages, disadvantages, benefits and impacts that bondholders would receive from approving or rejecting each option, along with the representative's reasons and opinions. Bondholders are therefore urged to study the information carefully, exercise their rights to protect their own interests, and fully consult the bondholders' representative before deciding how to vote.
Country Group Development Public Company LimitedIssuer seeks bondholder approval to extend maturity dates and waive default treatment, signaling financial distress on its CGD bond series.
