News Detail

Date/Time
11 Mar 2020 20:27:00
Headline
Resolutions of the Board of Directors' Meeting regarding the dividend payment, stock dividend payment, Increase the registered Capital, and Schedule of AGM 2020
Symbol
SST
Source
SST
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                Schedule of Shareholders' meeting

Subject                                  : Schedule of Annual General Meeting of
 Shareholders
Date of Board resolution                 : 11-Mar-2020
Shareholder's meeting date               : 28-Apr-2020
Beginning time of meeting (h:mm)         : 14 : 00
Record date for the right to attend the  : 25-Mar-2020
meeting
Ex-meeting date                          : 24-Mar-2020
Significant agenda item                  :
  - Capital increase
  - Cash and stock dividend payment
  - The issuance of convertible securities
Venue of the meeting                     : at Victor Club, room 3-4, FYI Center,
No. 2525 Rama 4 Road, Klong Toei sub-district, Klong Toei district, Bangkok
10110
______________________________________________________________________

Increasing Capital

Subject                                  : Specifying  the purpose of utilizing 
proceeds
Date of Board resolution                 : 11-Mar-2020
Number of additional common shares       : 48,619,388
(shares)
Total of additional shares (shares)      : 48,619,388
Par value (baht per share)               : 1.00
Type of allocated securities             : Common shares
  Allocated to                           : Reserved shares for the right 
adjustment of convertible securities
    Number of allotted shares (shares)   : 3,038,606
  Allocated to                           : Reserved shares for stock dividend
    Number of allotted shares (shares)   : 45,580,782
______________________________________________________________________

Issued Convertible Securities

Subject                                  : Issued convertible securities
Date of Board resolution                 : 11-Mar-2020
Type of allocated securities             : Transferable Subscription Rights 
(TSR)
  Allocate to                            : Existing common shareholders
    Number of allotted TSR (units)       : 136,742,346
    Reserved shares for the exercise of  : Common shares
TSR
______________________________________________________________________

Dividend payment / Omitted dividend payment

Subject                                  : Cash and stock dividend payment
Date of Board resolution                 : 11-Mar-2020
Type of dividend payment                 : Cash and stock dividend payment
Record date for the right to receive     : 11-May-2020
dividends
Ex-dividend date                         : 08-May-2020
Payment for                              : Common shareholders
Ratio of stock dividend payment          : 10 : 1
(Existing share : stock dividend)
Stock dividend payment rate (baht per    : 0.10
share)
Stock dividend payment rate calculated from  :
Par value
Cash dividend payment (baht per share)   : 0.0111111111
Total dividend payment (baht per share)  : 0.1111111111
Cash Compensation for fractions of       : 0.10
shares (baht per share)
Par value (baht)                         : 1.00
Payment date                             : 27-May-2020
Paid from                                : Retained Earnings
______________________________________________________________________

Increasing Capital

Subject                                  : Issuance  of Additional Shares Under 
a General Mandate
Date of Board resolution                 : 11-Mar-2020
Number of additional common shares       : 273,484,692
(shares)
Total of additional shares (shares)      : 273,484,692
Par value (baht per share)               : 1.00
Type of allocated securities             : Common shares
  Allocated to                           : Private placement
    Number of allotted shares (shares)   : 45,580,782
    % of Paid-Up capital as of capital   : 10.00
increase BOD resolution date
  Allocated to                           : Public offering
    Number of allotted shares (shares)   : 91,161,564
    % of Paid-Up capital as of capital   : 20.00
increase BOD resolution date
  Allocated to                           : Reserved shares for TSR exercise
    Number of allotted shares (shares)   : 136,742,346
    % of Paid-Up capital as of capital   : 30.00
increase BOD resolution date
______________________________________________________________________
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