News Detail

Date/Time
23 Feb 2021 17:02:00
Headline
Schedule of the 2021 Annual General Meeting of Shareholders No. 27 and dividend payment
Symbol
CIMBT
Source
CIMBT
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                Schedule of Shareholders' meeting

Subject                                  : Schedule of Annual General Meeting of
 Shareholders
Date of Board resolution                 : 23-Feb-2021
Shareholder's meeting date               : 12-Apr-2021
Beginning time of meeting (h:mm)         : 10 : 00
Record date for the right to attend the  : 10-Mar-2021
meeting
Ex-meeting date                          : 09-Mar-2021
Significant agenda item                  :
  - Cash dividend payment
Venue of the meeting                     : The Auditorium Room, 9th floor, CIMB 
Thai Bank Public Company Limited Head Office, 44 Langsuan Road, Lumpini,
Patumwan, Bangkok 10300
Remark                                   :
Ref. CIMBT OFP 027/2021

23 February 2021

Subject:    Schedule of the 2021 Annual General Meeting of Shareholders No. 27 and 
dividend payment

To:    The President
    The Stock Exchange of Thailand

The Board of Directors' meeting of CIMB Thai Bank Public Company Limited ("CIMB 
Thai" or the "Bank")        No. 2/2021, held on 23 February 2021, passed
resolutions to determine the date of the 2021 Annual General Meeting of
Shareholders No. 27 ("AGM") to be held on Monday, 12 April 2021 at 10.00 a.m.
through electronic media channel only in accordance with the Emergency Decree on
Electronic Meetings, B.E. 2563.  It will be broadcast live via electronic media
from the Auditorium Room, 9th floor, CIMB Thai Bank Public Company Limited Head
Office, 44 Langsuan Road, Lumpini, Patumwan, Bangkok 10300, with the businesses
 on the agenda as follows:

Agenda item 1    To acknowledge the Bank's operating results for the year 2020
Board of Directors' opinion: The Board deems it appropriate for the AGM to 
acknowledge the Bank's operating results for the year 2020 as shown in the 2020
Annual Report.

Agenda item 2    To consider and approve the statements of financial position and 
the statements of comprehensive income for the fiscal year ended 31 December
2020
Board of Directors' opinion: The Board deems it appropriate for the AGM to 
approve the statements of financial position and the statements of comprehensive
income for the fiscal year ended 31 December 2020, which have been audited and
certified by the auditor of the Bank.

 Agenda item 3    To consider and approve the appropriation of profit for the year 
2020 and payment of     dividend
Board of Directors' opinion: The Board deems it appropriate for the AGM to 
approve the appropriation of profit for the year 2020 to the statutory reserve
for THB 111,300,000. The remaining net profit after appropriation is required to
be carried forward in the amount of THB 2,102,975,939.27 as retained earnings.
The dividend payment for the operating results of 2020 shall be made at the rate
of THB 0.005 per share, totaling                                 THB
174,111,308.74, which complies with the Bank's dividend payment policy. The Bank
will specify the names of the shareholders who have the right to receive the
dividend payment on Thursday, 22 April 2021 (Record Date), and the dividend
payment shall be made on Friday, 7 May 2021.

Agenda item 4    To consider and approve the re-election of the directors retiring 
by rotation
Board of Directors' opinion: The Board (excluding directors with beneficial 
interest) considers it proper as recommended by the Nomination, Remuneration and
Corporate Governance Committee to propose for the AGM to approve the
re-election of the four members of the Board of Directors, i.e. Dato' Robert
Cheim Dau Meng, Mrs. Oranuch Apisaksirikul, Mr. Chanmanu Sumawong and Encik Omar
Siddiq Bin Amin Noer Rashid, who are due to retire by rotation, as the Bank's
directors for another term. The Board views that the four nominated persons
possess the required qualifications, skills, knowledge, capabilities and
experience in the specific fields essential to the Bank, with dedication to the
Bank's operations and adherence to code of ethics, work profile transparency and
independence in expression of viewpoints.  All of them are fully qualified as
the Bank's directors under the applicable laws/regulations and the Bank's
Articles of Association
 
Agenda item 5    To consider and ratify the postponement of effective date of the 
new directors'     remuneration rates approved by the AGM No. 26 and approve the
directors' remuneration     for the year 2021
Board of Directors' opinion: The Board considers it proper as recommended by the
 NRCC to propose for the AGM's consideration as follows:
1.    To ratify the postponement of effective date of the new directors' 
remuneration rates approved by the AGM No. 26, from 1 January 2021 to 1 July
2021, which was previously approved by the Board as recommended by the NRCC.
2.    To approve maintaining the remuneration rates for the Board and Board 
Committee members as approved by the AGM No. 26 for the year 2021, as tabulated
below:





1. Remuneration for Board members:                     THB/person
Position    2021
    Monthly Allowance (Chairperson's Allowance)    Meeting Allowance  
(Monthly)    Attendance Allowance
-    Chairman    140,000    50,000    50,000
-    Director    Nil    50,000    50,000
Remarks:
1.    Directors are responsible for paying their own income tax.
2.    Attendance allowance will be paid once regardless of meeting frequency per 
month.

2. Remuneration for Board Committee members:                                    
             THB/person
 Position    2021
    Monthly Allowance (Chairperson's Allowance)    Meeting Allowance 
(Monthly)    Attendance Allowance        (Per Time)
1. Audit Committee
-    Chairperson    50,000    Nil    50,000
-    Committee member    Nil    Nil    50,000
2. Other Committees (i.e. Nomination, Remuneration and Corporate Governance 
Committee; and Board Risk and Compliance Committee)
-    Chairman    50,000    Nil    50,000
-    Committee Member    Nil    Nil    50,000
Remarks:
1.    Director are responsible for paying their own income tax.
2.    Attendance allowance will be paid on a per meeting basis.

Agenda item 6    To consider and approve the appointment of the auditor and 
determination of the audit fee for the year 2021
Board of Directors' opinion:    The Board considers it proper as recommended by the
Audit Committee to propose for the AGM to appoint PricewaterhouseCoopers ABAS
Ltd., represented by Mr. Boonlert Kamolchanokkul (CPA License No. 5339) and/or
Ms. Sinsiri Thangsombat (CPA License No. 7352) and/or Mr. Paiboon Tunkoon (CPA
License No. 4298), as CIMB Thai Group's auditor for the year 2020, and to
determine the audit fees for 2021 of THB 12,039,000 for the Bank, as well as to
acknowledge the audit fee of                 THB 2,860,000 for CIMB Thai -
Vientiane Branch and the subsidiaries of the Bank, making up the total audit
fees of CIMB Thai Group of THB 14,899,000 for the year 2021.

Agenda item 7    Other matters (if any)
    The Bank has set Wednesday, 10 March 2021 as the date of determining the names 
of shareholders entitled to attend the AGM No. 27 (Record Date).

Please be informed accordingly.


Sincerely yours,
- Patima Jumpasut -
(Mr. Patima Jumpasut)
Company Secretary
















Company Secretary
Office of the President
Tel. +66 2638 8287
______________________________________________________________________

Dividend payment / Omitted dividend payment

Subject                                  : Cash dividend payment
Date of Board resolution                 : 23-Feb-2021
Type of dividend payment                 : Cash dividend payment
Record date for the right to receive     : 22-Apr-2021
dividends
Ex-dividend date                         : 21-Apr-2021
Payment for                              : Common shareholders
Cash dividend payment (baht per share)   : 0.005
Par value (baht)                         : 0.50
Payment date                             : 07-May-2021
Paid from                                :
    Operating period from 01-Jan-2020 to 31-Dec-2020
Remark                                   :
 Agenda item 3    To consider and approve the appropriation of profit for the year 
2020 and payment of     dividend
Board of Directors' opinion: The Board deems it appropriate for the AGM to 
approve the appropriation of profit for the year 2020 to the statutory reserve
for THB 111,300,000. The remaining net profit after appropriation is required to
be carried forward in the amount of THB 2,102,975,939.27 as retained earnings.
The dividend payment for the operating results of 2020 shall be made at the rate
of THB 0.005 per share, totaling                                 THB
174,111,308.74, which complies with the Bank's dividend payment policy. The Bank
will specify the names of the shareholders who have the right to receive the
dividend payment on Thursday, 22 April 2021 (Record Date), and the dividend
payment shall be made on Friday, 7 May 2021.
______________________________________________________________________
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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
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