News Detail

Date/Time
15 Mar 2019 12:30:00
Headline
The Issuance of Dividend Payment and Annual General Meeting of Shareholders for the year 2019 (Amendment)
Symbol
STEC
Source
STEC
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                Dividend payment / Omitted dividend payment

Subject                                  : Cash dividend payment
Date of Board resolution                 : 06-Mar-2019
Type of dividend payment                 : Cash dividend payment
Record date for the right to receive     : 20-Mar-2019
dividends
Ex-dividend date                         : 19-Mar-2019
Payment for                              : Common shareholders
Cash dividend payment (baht per share)   : 0.50
Par value (baht)                         : 1.00
Payment date                             : 24-May-2019
Paid from                                :
    Operating period from 01-Jan-2018 to 31-Dec-2018
Remark (Update)                          :
ST/2019/0148
    15th March 2019

Subject:    The Issuance of Dividend Payment and Annual General Meeting of 
Shareholders for the year 2019 (Amendment)

To:    Directors and Manager of the Stock Exchange of Thailand

Whereas the Board of Directors of Sino-Thai Engineering & Construction Public 
Company Limited (the "Company") convened Board of Directors Meeting No. 1/2019
at 10.00 hours 11.30 on March 6, 2019, the Company would like to report the
resolutions adopted at the said meeting as follows:

1.    Approval of the Board of Directors' report on the Company's Operating Results
for the year ending December 31, 2018 and proposal of the same to the Annual
General Meeting of Shareholders for acknowledgement.

2.    Approval of the Company's financial statements for the fiscal period ending 
December 31, 2018, which were audited by the Company's auditor and proposal of
the same to the Annual General Meeting of Shareholders for approval.

3.    Approval of the dividend payment for the year 2018 and proposal of the same 
to the Annual General Meeting of Shareholders for approval.

3.    Approval of the declaration of the dividends payment for the year 2018 and 
proposal of the same to the Annual General Meeting of Shareholders for approval
as follows:

3.1    The declaration of payment of dividends by cash at the rate of Baht 0.50 
(Fifty Satang) per share to the Company's shareholders holding 1,525,106,540
shares, the total amount of dividends of Baht 762,553,270 The dividends payment
is subject to withholding tax of 10%, which is Baht 0.05 per share.
3.2    The record date for determining the eligible shareholders for receiving 
dividends is fixed at March 20, 2019.  The date of payment of dividends will be
within May 24, 2019.

4.    Whereas the Company convened the Board of Directors Meeting No. 2/2019 at 
10.00 hours 11.00 on March 15, 2019 and the Board resolved to cancel the
resolution regarding the submission of name of Mr. Woraphant Chontong, the
retiring director to this 2019 Annual General Meeting of Shareholders for
consideration and reappointment as the Company's director for an additional term
due to his resignation as the Company's director effective on March 11, 2019;
FURTHER the Board has confirmed to propose to the Annual General Meeting of
Shareholders to reappoint the following retiring directors to be the Company's
directors/  Audit Committee members for an additional term:
(1)    Mr. Chamni Janchai    Independent Director/Chairman of the Audit Committee
(2)    General Surapan Poomkaew     Independent Director
(3)    Mr. Chaiyong Satjipanon    Independent Director

5.    Approval of the remuneration of the Board of Directors, the Audit Committee 
members and the Nomination and Remuneration Committee members for the year 2018
shall be not exceeding Baht 8,000,000 (Eight Million Baht only) on the basis of
a meeting fee and an annual bonus as mentioned below. This matter shall be
proposed to the Annual General Meeting of Shareholders for approval:

5.1    Directors meeting fee for the Board of Directors, the Audit Committee and 
the Nomination and Remuneration Committee meetings
1.    For the Chairman of each committee    amounting to 40,000 Baht/meeting
2.    For each member of each committee    amounting to 20,000 Baht/meeting

5.2    Annual Bonus
1.    For the Chairman of the Board of Directors    amounting to 500,000 Baht/year
2.    For the Chairman of the Audit Committee    amounting to 500,000 Baht/year
3.    For the Chairman of the Nomination and     amounting to 400,000 Baht/year
    Remuneration Committee
4.    For each of the other Directors    amounting to 300,000 Baht/year

6.    Approval of the appointment of Miss Krongkaew Limkittikul, C.P.A. License No.
5874, and/or Miss Siraporn Ouaanunkun, C.P.A. License No. 3844, and/or Mr.
Natthawut Santipet, C.P.A. License No. 5730; all, of EY Office Limited, as
auditors of the Company for the year 2019 with the auditor's remuneration of
Baht 2,400,000 (Two Million and Four Hundred Thousand Baht Only).  This matter
shall be proposed to the Annual General Meeting of Shareholders for approval.


8.    Fixing the date and the agenda matters of the Annual General Meeting of 
Shareholders No. 25/2019, the record date for determining the shareholders who
are eligible to attend said Annual General Meeting of Shareholders and the
closing date of the Share Register Book as follows:

8.1    The Annual General Meeting of Shareholders No. 25/2019 will be convened at 
14.00 hours on Friday 26th April, 2019, at the Company's conference room No.
32/60 Sino-Thai Tower, 30th Floor, Sukhumvit 21 Road (Soi Asoke), Kwaeng
Klongtoey Nua, Khet Wattana, Bangkok Metropolis, Thailand.  The matters to be
transacted at the meeting are:
(1)    To consider and approve the minutes of the Annual General Meeting of 
Shareholders No. 24/2018;
    (2)    To acknowledge the Board of Directors' report on the Company's Operating 
Results for the year ending December 31, 2016 and the Annual Report for the year
 2018;
(3)    To consider and approve the Company's financial statements for the fiscal 
period ending December 31, 2018;
    (4)    To consider and approve the non-issuance of dividend payment for the year 
2018;
(5)    To consider and approve the appointment of new directors in place of those 
retiring by rotation;
(6)    To consider and approve the remuneration of directors, Audit Committee 
members and the Nomination and Remuneration Committee members for the year 2019;
(7)    To consider and approve the appointment of the Company's Auditor and fix the
 auditor's remuneration for the fiscal year 2019; and
(8)    Other business (if any).

8.2    The record date for determining the shareholders who are eligible to attend 
the Annual General Meeting of Shareholders is fixed on March 20, 2019.

The Company provides this information for your acknowledgment and dissemination 
to the public and other investors.


    Sincerely yours,
    Sino-Thai Engineering & Construction Public Company Limited




    (Mr. Pakpoom Srichamni)
    President
______________________________________________________________________

Schedule of Shareholders' meeting

Subject                                  : Schedule of Annual General Meeting of
 Shareholders
Date of Board resolution                 : 06-Mar-2019
Shareholder's meeting date               : 26-Apr-2019
Beginning time of meeting (h:mm)         : 14 : 00
Record date for the right to attend the  : 20-Mar-2019
meeting
Ex-meeting date                          : 19-Mar-2019
Significant agenda item                  :
  - Cash dividend payment
Venue of the meeting                     : at the Company's conference room No. 
32/60 Sino-Thai Tower, 30th Floor, Sukhumvit 21 Road (Soi Asoke), Kwaeng
Klongtoey Nua, Khet Wattana, Bangkok Metropolis, Thailand.
Remark (Update)                          :
ST/2019/0148
    15th March 2019

Subject:    The Issuance of Dividend Payment and Annual General Meeting of 
Shareholders for the year 2019 (Amendment)

To:    Directors and Manager of the Stock Exchange of Thailand

Whereas the Board of Directors of Sino-Thai Engineering & Construction Public 
Company Limited (the "Company") convened Board of Directors Meeting No. 1/2019
at 10.00 hours 11.30 on March 6, 2019, the Company would like to report the
resolutions adopted at the said meeting as follows:

1.    Approval of the Board of Directors' report on the Company's Operating Results
for the year ending December 31, 2018 and proposal of the same to the Annual
General Meeting of Shareholders for acknowledgement.

2.    Approval of the Company's financial statements for the fiscal period ending 
December 31, 2018, which were audited by the Company's auditor and proposal of
the same to the Annual General Meeting of Shareholders for approval.

3.    Approval of the dividend payment for the year 2018 and proposal of the same 
to the Annual General Meeting of Shareholders for approval.

3.    Approval of the declaration of the dividends payment for the year 2018 and 
proposal of the same to the Annual General Meeting of Shareholders for approval
as follows:

3.1    The declaration of payment of dividends by cash at the rate of Baht 0.50 
(Fifty Satang) per share to the Company's shareholders holding 1,525,106,540
shares, the total amount of dividends of Baht 762,553,270 The dividends payment
is subject to withholding tax of 10%, which is Baht 0.05 per share.
3.2    The record date for determining the eligible shareholders for receiving 
dividends is fixed at March 20, 2019.  The date of payment of dividends will be
within May 24, 2019.

4.    Whereas the Company convened the Board of Directors Meeting No. 2/2019 at 
10.00 hours 11.00 on March 15, 2019 and the Board resolved to cancel the
resolution regarding the submission of name of Mr. Woraphant Chontong, the
retiring director to this 2019 Annual General Meeting of Shareholders for
consideration and reappointment as the Company's director for an additional term
due to his resignation as the Company's director effective on March 11, 2019;
FURTHER the Board has confirmed to propose to the Annual General Meeting of
Shareholders to reappoint the following retiring directors to be the Company's
directors/  Audit Committee members for an additional term:
(1)    Mr. Chamni Janchai    Independent Director/Chairman of the Audit Committee
(2)    General Surapan Poomkaew     Independent Director
(3)    Mr. Chaiyong Satjipanon    Independent Director

5.    Approval of the remuneration of the Board of Directors, the Audit Committee 
members and the Nomination and Remuneration Committee members for the year 2018
shall be not exceeding Baht 8,000,000 (Eight Million Baht only) on the basis of
a meeting fee and an annual bonus as mentioned below. This matter shall be
proposed to the Annual General Meeting of Shareholders for approval:

5.1    Directors meeting fee for the Board of Directors, the Audit Committee and 
the Nomination and Remuneration Committee meetings
1.    For the Chairman of each committee    amounting to 40,000 Baht/meeting
2.    For each member of each committee    amounting to 20,000 Baht/meeting

5.2    Annual Bonus
1.    For the Chairman of the Board of Directors    amounting to 500,000 Baht/year
2.    For the Chairman of the Audit Committee    amounting to 500,000 Baht/year
3.    For the Chairman of the Nomination and     amounting to 400,000 Baht/year
    Remuneration Committee
4.    For each of the other Directors    amounting to 300,000 Baht/year

6.    Approval of the appointment of Miss Krongkaew Limkittikul, C.P.A. License No.
5874, and/or Miss Siraporn Ouaanunkun, C.P.A. License No. 3844, and/or Mr.
Natthawut Santipet, C.P.A. License No. 5730; all, of EY Office Limited, as
auditors of the Company for the year 2019 with the auditor's remuneration of
Baht 2,400,000 (Two Million and Four Hundred Thousand Baht Only).  This matter
shall be proposed to the Annual General Meeting of Shareholders for approval.


8.    Fixing the date and the agenda matters of the Annual General Meeting of 
Shareholders No. 25/2019, the record date for determining the shareholders who
are eligible to attend said Annual General Meeting of Shareholders and the
closing date of the Share Register Book as follows:

8.1    The Annual General Meeting of Shareholders No. 25/2019 will be convened at 
14.00 hours on Friday 26th April, 2019, at the Company's conference room No.
32/60 Sino-Thai Tower, 30th Floor, Sukhumvit 21 Road (Soi Asoke), Kwaeng
Klongtoey Nua, Khet Wattana, Bangkok Metropolis, Thailand.  The matters to be
transacted at the meeting are:
(1)    To consider and approve the minutes of the Annual General Meeting of 
Shareholders No. 24/2018;
    (2)    To acknowledge the Board of Directors' report on the Company's Operating 
Results for the year ending December 31, 2016 and the Annual Report for the year
 2018;
(3)    To consider and approve the Company's financial statements for the fiscal 
period ending December 31, 2018;
    (4)    To consider and approve the non-issuance of dividend payment for the year 
2018;
(5)    To consider and approve the appointment of new directors in place of those 
retiring by rotation;
(6)    To consider and approve the remuneration of directors, Audit Committee 
members and the Nomination and Remuneration Committee members for the year 2019;
(7)    To consider and approve the appointment of the Company's Auditor and fix the
 auditor's remuneration for the fiscal year 2019; and
(8)    Other business (if any).

8.2    The record date for determining the shareholders who are eligible to attend 
the Annual General Meeting of Shareholders is fixed on March 20, 2019.

The Company provides this information for your acknowledgment and dissemination 
to the public and other investors.


    Sincerely yours,
    Sino-Thai Engineering & Construction Public Company Limited




    (Mr. Pakpoom Srichamni)
    President
______________________________________________________________________
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.