News Detail

Date/Time
02 Jun 2020 08:47:00
Headline
Dividend payment, capital reduction, capital increase, issuance and offering of debentures, and convening of 2020 Annual General Meeting of Shareholders
Symbol
BTS
Source
BTS
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                Schedule of Shareholders' meeting

Subject                                  : Schedule of Annual General Meeting of
 Shareholders
Date of Board resolution                 : 01-Jun-2020
Shareholder's meeting date               : 20-Jul-2020
Beginning time of meeting (h:mm)         : 13 : 30
Record date for the right to attend the  : 16-Jun-2020
meeting
Ex-meeting date                          : 15-Jun-2020
Significant agenda item                  :
  - Cash dividend payment
  - Capital increase
  - The issuance of debentures
Venue of the meeting                     : Bangkok Convention Centre (BCC Hall),
5th Floor, Central Plaza Ladprao, No. 1697 Phaholyothin Road, Chatuchak
Subdistrict, Chatuchak District, Bangkok 10900
______________________________________________________________________

Dividend payment / Omitted dividend payment

Subject                                  : Cash dividend payment
Date of Board resolution                 : 01-Jun-2020
Type of dividend payment                 : Cash dividend payment
Record date for the right to receive     : 30-Jul-2020
dividends
Ex-dividend date                         : 29-Jul-2020
Payment for                              : Common shareholders
Cash dividend payment (baht per share)   : 0.15
Par value (baht)                         : 4.00
Payment date                             : 14-Aug-2020
Paid from                                :
    Operating period from 01-Apr-2019 to 31-Mar-2020  and retained Earnings
Remark                                   :
A resolution was passed to propose to the 2020 Annual General Meeting of 
Shareholders to consider and approve the dividend payment for the fiscal year
ended March 31, 2020 as follows:

(1)    To acknowledge the interim dividend payment on February 12, 2020 in the 
amount of Baht 2,367.7 million (equivalent to dividend per share of Baht 0.18)
and the special dividend payment on May 8, 2020 in the amount of Baht 1,973.1
million (equivalent to dividend per share of Baht 0.15);

(2)    To acknowledge the allocation of fund as legal reserve in the amount of Baht
259.0 million (equivalent to 5 percent of the annual net income as legally
required);

(3)    To consider and approve that the Company allocate the profit from the 
results of the operation for the fiscal year ended March 31, 2020 and the
retained earnings as at March 31, 2020 (under the separate financial statements)
for distribution as dividends at the rate of Baht 0.48 per share (48 Satang per
share), or equivalent to the total dividend payment in the amount of
approximately Baht 6,513.2 million; and

(4)    To consider and approve that the Company pay the final dividend at the rate 
of Baht 0.15 per share (15 Satang per share), or equivalent to the dividend
payment in the amount of approximately Baht 2,172.3 million (total dividend less
Baht 4,340.8 million interim dividend and special dividend already paid),
whereby the Company has set the date for determining the names of shareholders
who shall be entitled to receive the dividend on July 30, 2020, and the payment
date of the dividend on August 14, 2020. (Remark: Pursuant to the criteria of
Section 47 bis of the Revenue Code, for the final dividend payment of Baht
0.1075 per share (10.75 Satang per share), which will be payable from the annual
net profit of the Company that is subject to the corporate income tax at the
rate of 20 percent of the net profit, individual shareholders are entitled to
claim the tax credits at the rate of 20/80 times of the dividend received;
however, for the final dividend payment of Baht 0.0425 per share (4.25 Satang
per share), which will be payable from the dividend revenues derived from
business entities that are exempted from the corporate income tax calculation
base, individual shareholders cannot claim any tax credits therefrom. In this
regard, shareholders who are not eligible to receive the dividend under the law
will not be entitled to the dividend payment.)
______________________________________________________________________

Increasing Capital

Subject                                  : Issuance  of Additional Shares Under 
a General Mandate
Date of Board resolution                 : 01-Jun-2020
Number of additional common shares       : 1,100,000,000
(shares)
Total of additional shares (shares)      : 1,100,000,000
Par value (baht per share)               : 4.00
Type of allocated securities             : Common shares
  Allocated to                           : Private placement
    Number of allotted shares (shares)   : 1,100,000,000
    % of Paid-Up capital as of capital   : 8.36
increase BOD resolution date
______________________________________________________________________
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of the information and related documents of listed company or issuer to the
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