20 Feb 2017 19:51:00
The 2017 Annual General Meeting of Shareholders date and agenda and 2016 Dividend Distribution.
Connected transaction Agenda 6 To consider and approve to Purchase and Sale of the Shares, Acceptance of Transfer of Rights and Obligation under the Shareholders Agreements and Loan Agreements, and the Transfer of the Projects' Study Results The Board of Directors' Opinion: The Board agreed to propose the Annual General Meeting of Shareholders to consider and approve to Purchase and Sale of the Shares, Acceptance of Transfer of Rights and Obligation under the Shareholders Agreements and Loan Agreements, and the Transfer of the Projects' Study Results, the Company will enter into the shares and assets purchase transactions of the companies operating the propylene and biochemical lines of the petrochemical business and related services business between the Company and PTT Public Company Limited ("PTT") amount of Baht 26,300 million, in which such amount may be decreased or increased depending on certain factors but a total amount will not be more than Baht 26,800 million. The total maximum size of such connected transactions is estimated at 11.9 percent of net tangible assets value of the Company, according to the consolidated financial statements of the Company and the relevant companies as of 30 September 2016, which is more than three percent of net tangible assets of the Company, thus these transactions are classed as those for which the Company has the obligations: to disclose information memorandum pursuant to the Notification Relating to Connected Transactions to the Stock Exchange of Thailand, to appoint independent financial advisors and to organize a shareholders meeting to approve these transactions, whereby a resolution of the shareholders meeting shall require no less than three-quarters of the votes of the shareholders present in the meeting and have the right to vote (excluding the votes of the interested shareholders). The Company disclosed all detail of information memorandum of such transaction to the Stock Exchange of Thailand on February 14, 2017. ______________________________________________________________________ Dividend consideration Subject : Cash dividend payment Date of Board resolution : 20-Feb-2017 Type of dividend payment : Cash dividend payment Record date for the right to receive : 06-Mar-2017 dividends Book closing date for collecting : 07-Mar-2017 shareholders names under Section 225 of the Securities and Exchange Act Ex-dividend date : 02-Mar-2017 Payment for : Common shareholders Cash dividend payment (baht per share) : 1.80 Par value (baht) : 10.00 Payment date : 25-Apr-2017 Paid from : Retained Earnings ______________________________________________________________________ Meeting schedule of securities holders Subject : Schedule of Annual General Meeting of Shareholders Date of Board resolution : 20-Feb-2017 Meeting date : 05-Apr-2017 Beginning time of meeting (h:mm) : 14 : 00 Record date for the right to attend the : 06-Mar-2017 meeting Book closing date for collecting holders : 07-Mar-2017 names under Section 225 of the Securities and Exchange Act Ex-meeting date : 02-Mar-2017 Significant agenda item : - Dividend payment - Connected transaction - Changing the director(s) Venue of the meeting : Bangkok Convention Center, 5th Floor, Central Plaza Department Store, Ladprao, 1695 Phaholyothin Road, Chatuchak Sub-District, Chatuchak District, Bangkok 10900 ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.