SSO revealed that Map Ta Phut drops 5% equity fund.

       Social Security Office (SSO) reveals that the ruling of the Supreme Administrative Court which upheld an injunction halting some 65 petrochemical and industrial projects at Map Ta Phut results in a decrease of almost 5% of investment value of social security fund but they remain profit since current share prices still exceeds than the investment cost.
       Social Security Office (SSO) revealed that the ruling of the Supreme Administrative Court on 2 December 2009 to upheld temporary freeze of 65 projects in Map Ta Phut which expectedly takes at least 6 months to solve the problems, causes a delay of the projects causes share price of Siam Cement Group (SCG) and PTT group of social security fund dropped by 5% but they remains profits since current share price still exceeds than investment price. Social Security Fund gains profits from SCG group and PTT group exceeding 3,000 baht which is considered to be the investment in fundamental stock which pays dividend consistently.
        Meanwhile, SSO has outstanding investment in PTT group and SCG bonds which will receive return in terms of interests. According to the analysis, the Map Tap Phut would not cause adversely affect since both companies has strong financial with its total capital worth 2 trillion baht. Therefore, SSO will gain interest and investment fund as due time.
       In this regard, on 30 September 2009, SSO has its capital investment totally 650,204 million baht in which over 80% of investment is in low risk asset such as treasury bill, government bond and state enterprise bond, etc. Regarding the performance of the first 9 month period 2009, social security gain income from investment totally 19,984 million baht, with anticipation that social security fund will gain income from investment at least 25,000 million baht this year.