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CP executives to address virtual conferences in February

CP executives to address virtual conferences in February CALGARY, AB, Feb. 5, 2021 Feb. 16, 2021, at 2:50 p.m. ET.

Executive Vice-President and Chief Marketing Officer, Mr. John Brooks, will address Citi’s 2021 Global Industrials Virtual Conference on Feb. 18, 2021, at 8:50 a.m. ET.

CP executives  Canadian Pacific’s (TSX: CP) (NYSE: CP) President and Chief Executive Officer, Mr. Keith Creel, will address the Barclays Industrial Select Conference on Feb. 16, 2021, at 2:50 p.m. ET.

At the end of 2016, the company had a total of 9,542 7-Eleven stores nationwide. As of 2015, 44 percent of stores were in Bangkok and environs and 56 percent were in provincial areas. 44 percent of stores were company-owned, 48 percent franchise stores and 8 percent sub-area license stores.

Insider trading by CP All executives occurred in 2013, according to a statement by Thailand’s Securities and Exchange Commission (SEC) on 2 December 2015. Korsak Chairasmisak, the vice chairman of CP All, at that time was its CEO.[6] He bought over 118,000 shares of Siam Makro, a cash-and-carry chain, over a 12-day period ending on 22 April 2013. The following day, CP All announced a tender offer for Siam Makro shares at 15 percent above the 22 April close. The regulator found that Korsak had prior knowledge of the deal and imposed a fine of over 30 million baht (US$833,000).[7] Three executives also involved were fined 3.1 million baht.[8] No criminal charges were brought. CP All’s audit committee said they had decided it was “appropriate for the individuals to continue” their employment.[9] As justification, the statement cited their prior behavior and performance and their “exceptional skills and experience, which would be difficult to replace”.

In 2017 CP All spent 20 billion baht to open 710 new branches and renovate its existing stores, IT facilities, and open its new distribution centre. Revenues in 2017 are projected to be 480 billion baht

CP executives  will provide access to live audio webcasts for both engagements at investor.cpr.ca. Replays will also be available following the conclusion of each event.

About Canadian Pacific

Canadian Pacific is a transcontinental railway in Canada and the United States with direct links to major ports on the west and east coasts. CP provides North American customers a competitive rail service with access to key markets in every corner of the globe. CP is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit cpr.ca to see the rail advantages of CP. CP-IR

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