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| The management structure of CPF is functioned by business line. Post the consolidation of agro-industry business of Charoen Pokphand Group to be under the Company in 1999, CPF also had vivid investment policy of investing only in core-business and/or businesses that related to its core-business only. |
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| As of December 31, 2007, CPF has investments (cost method) in subsidiaries, associated companies, and related companies of THB18,265 million, equivalent to 27% of CPF’s total asset. CPF has policy to appoint management representatives to be as directors, who has controlling power, to govern the management of subsidiaries being effective and efficient as to the Company policy. CPF monitors the performance of its group of companies by having monthly meeting which is set to mutually consider their performance and guide the business plan with target for the month to come. |
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| For each investment consideration, CPF may directly invest or invests through its subsidiaries which operate related-business. However, CPF has policy to have 100% holding in subsidiaries, excluding the joint-venture with the strategic partners. |
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