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CP Group Issues Statement Denying Patent Claim on Thai Basil

Bangkok Biz News

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Key summary

The Charoen Pokphand (CP) Group issued a statement refuting misinformation regarding patent applications for new basil varieties. The group clarified that the registration process was conducted solely by CP RAM Co., Ltd. (CPRAM), a subsidiary of CP ALL, and not by Mr. Thanin Jiaravanon or the main CP Group. The statement confirmed that the patent covers only four new strains and does not affect farmers' rights to cultivate or trade over 300 existing traditional basil varieties. CPRAM operates independently under CP ALL's governance, with the CP Group holding shares but lacking direct command authority over daily business decisions of its listed subsidiaries. The group reserved the right to pursue legal action against individuals intentionally spreading false information that damages the organization's reputation.

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Source report

Bangkok Biz News

Read original ↗https://www.bangkokbiznews.com/economics/1257744

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