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GPF, SSF invited to CP All meet

Feb 08. 2016
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By The Nation

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The Association of Investment Management Companies (AIMC) has invited the Government Pension Fund and Social Security Fund to join its meeting on February 18.
The meeting would centre around CP All's corporate governance, following the decision by the company's board of directors to continue employment contracts of three executives who were punished for insider trading.
Duangkamon Phisarn, secretary-general of the association, said that the invitation was sent out today. 
"At the meeting, we will discuss our investment strategy for CP All," she said. 
It was reported that UOB Asset Management has reduced the holding of shares in CP All since the three executives were fined for the misconduct. 
Siripun Sutharoj, chief investment officer of the fund company, said that an executive reshuffle at CP All should be a good beginning. 
 

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