Charoen Pokphand Foods Public Company Limited (CP Foods) would like to address on a civil lawsuit filed by a group of fishermen from Samut Songkhram Province and the Law Society of Thailand, seeking compensation from the company for the alleged importation of the Blackchin tilapia fish. CP Foods wishes to clarify that the company has established a working committee to investigate the facts surrounding this issue.
From the inception of the idea in 2006 to the decision to cease research on this matter in early 2011, CP Foods can confirm that it is not the cause of the outbreak. However, the company is prepared to engage in the legal process to verify the facts and has confidence in the justice system to accurately establish the truth through legal procedures, ultimately leading to a proper understanding within society.While CP Foods is confident that it is not the source of the Blackchin tilapia issue, the company acknowledges the significance of this matter.
CP Foods has actively collaborated integrated efforts with various sectors to address the problem and has proactively implemented measures accordance with the Ministry of Agriculture and Cooperatives' guidelines to alleviate public hardship. The company has undertaken five proactive initiatives, which include:1. Supporting the purchase of 2,000,000 kilograms of blackchin tilapia for fishmeal production, aiming to swiftly remove the species from the ecosystem. To date, over 1,100,000 kilograms have been purchased, with ongoing efforts.2. Assisting the government and local communities by releasing 200,000 predatory fish, including 70,000 seabass, which have already been distributed to government agencies and communities in several provinces.3. Collaborating with the government, communities, and civil society to organize fish-catching activities by providing fishing equipment and manpower. CP Foods has supported 30 such events in 14 provinces, resulting in the capture of over 25,000 kilograms of blackchin tilapia.4. Developing food products from blackchin tilapia in collaboration with educational institutions.5. Engaging in research with experts to explore long-term population control methods for the blackchin tilapia, in cooperation with both domestic and international institutions.
KEX Express (Thailand) Public Company Limited, has reaffirmed thatthe latest request received from major shareholder, SF InternationalHolding (Thailand) Co., Ltd. ("SFTH"), to voluntarily delist its securities fromthe Stock Exchange of Thailand (SET); will not result in business closureand will not impact any of the company's services, customers, or partners.All services will continue to operate as usual.The decision is part of a long-term strategic plan aimed at enhancingoperational flexibility
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