CPALL Shareholders Vote No on Virtual Bank Transfer

Thansettakij•Economy•1d ago

Reader Briefing

CPALL shareholders overwhelmingly rejected a proposal to transfer three companies into a virtual bank.

•CPALL shareholders voted against the plan to merge three companies into a virtual bank.
•96.4% of the voting shareholders opposed the proposal.
•The meeting was held to discuss critical business decisions, reflecting good corporate governance.

•Shareholders voted 'disapprove' on the transfer of 3 companies to a Virtual Bank.
•96.4086% of votes were against the transfer (3,125,972,315 votes).
•Only 0.1697% of votes were in favor (5,502,211 votes).
•3.4217% of votes were abstained (110,946,614 votes).
•The shareholder meeting took place on May 29.
•The shareholder meeting was in line with good corporate governance practices.
•CPALL's 'ASCEND BANK' is scheduled to launch in June.
•'Click' is set to launch its Virtual Bank on June 19.

Full article content is available on the original source.

Shareholders

"96.4% of CPALL shareholders blocked the plan to transfer 3 businesses into a Virtual Bank."

ผู้ถือหุ้น CPALL 96.4% เบรกแผนโอน 3 ธุรกิจเข้า Virtual Bank

Shareholders

"96.4% of shareholders voted against it."

ผู้ถือหุ้น 96.4% มีมติไม่เห็นด้วย

A Thai convenience store operator and retail conglomerate, holding a shareholder meeting regarding a virtual bank proposal.

ASCEND BANK

The virtual bank planned by CPALL, with an expected launch in June.

'Arise'('อไรซ์')

Mentioned in relation to the launch of 'ASCEND BANK'.

'Clickx'('คลิกซ์')

A company planning to launch its Virtual Bank on June 19.