AIMC to include CPAXT shares on its watch list

Quick Summary:

The Association of Investment Management Companies (AIMC) has resolved to include CP Axtra (CPAXT) shares on the watch list (WL) for Thai ESG and Thai CG mutual funds, given concerns over corporate governance regarding the company's recent multibillion-baht investment.

"While awaiting the SEC's review, funds can continue to hold or invest in CPAXT shares if deemed appropriate".

The WL designation does not prohibit or restrict investment in CPAXT shares.

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Article Details

Category: EconomyBusiness

Markets: ThailandOman

Topics: Happitat Company Cpaxt Business Shares Aimc Investment Management Invest Project Retail

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-26 @ 04:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 460 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 24665998

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