01 Mar 2021 19:42:00
Annual General Meeting of Shareholders and Dividend Payment schedule
Schedule of Shareholders' meeting Subject : Schedule of Annual General Meeting of Shareholders Date of Board resolution : 01-Mar-2021 Shareholder's meeting date : 19-Apr-2021 Beginning time of meeting (h:mm) : 15 : 00 Record date for the right to attend the : 16-Mar-2021 meeting Ex-meeting date : 15-Mar-2021 Significant agenda item : - Cash dividend payment - Changing the director(s) Venue of the meeting : at the Grand Hall Room, 2nd Floor, the Athenee Hotel Bangkok - A Luxury Collection Hotel, 61 Wireless Road, Lumpini, Pathumwan, Bangkok Remark : (1) To Adopt and Approve the Minutes of the Annual General Meeting of Shareholders Year 2020 (2) To Acknowledge the Report of the Board of Directors on the Operating Results of Year 2020 (3) To Consider and Approve the Statement of Financial Position (Balance Sheets) and Statements of Earnings for the Year Ended December 31, 2020 (4) To Consider and Approve the Appropriation of Earnings (5) To Consider the Appointment of Directors Retired by Rotation (6) To Consider the Directors' Remuneration (7) To Consider the Appointment of the Auditor and Determination of Audit Fees (8) Consideration of Other Matters (if any) ______________________________________________________________________ Dividend payment / Omitted dividend payment Subject : Cash dividend payment Date of Board resolution : 01-Mar-2021 Type of dividend payment : Cash dividend payment Record date for the right to receive : 16-Mar-2021 dividends Ex-dividend date : 15-Mar-2021 Payment for : Common shareholders Cash dividend payment (baht per share) : 0.30 Par value (baht) : 1.00 Payment date : 18-May-2021 Paid from : Operating period from 01-Jan-2020 to 31-Dec-2020 Remark : (3) The Board of Directors has resolved to propose to the Annual General Meeting of Shareholders Year 2021 to consider for approval of the appropriation of earnings according to the separate financial statements of year 2020 for setting aside at Baht 55,600,000 for general reserve, and for dividend payment to the shareholders at Baht 0.45 per share (from a registered par value of Baht 1.00 per share), totaling Baht 236,249,855.55, in which the Board of Directors had already approved the interim dividend payment to the shareholders on November 18, 2020 at Baht 0.15 per share for a total of Baht 78,749,951.85, therefore, there will be additional dividend remaining for the shareholders at Baht 0.30 per share, totaling Baht 157,499,903.70. Regardless, such dividend payment is subjected to approval from the Annual General Meeting of Shareholders Year 2021. The dividend payment to the shareholders at Baht 0.45 per share or 80.94 percent of net profit based on the separate financial statements of year 2020, which is higher than the dividend payment policy established by the Company but lower than the dividend payment ratio of the previous year by 16.77 percent. The record date for the name list of shareholders entitled to receive dividend payment for this period will be on March 16, 2021, and the dividend payment will be paid on May 18, 2021. ______________________________________________________________________ Change of director/Executive (1) Approved the appointment of Mr. Mark Anatol Schmidt as the director in replacement of Mr. Suroj Subhasavasdikul, the deceased director, effective from March 2, 2021 onwards, and shall retain the directorship position only for the remaining tenure of Mr. Suroj Subhasavasdikul. (4) At the Annual General Meeting of Shareholders for Year 2021, four directors shall be retired by rotation, namely, (1) Mr. Somkiart Limsong (2) Mr. Padoong Techasarintr (3) Mr. Paul Heinz Hugentobler and (4) Mr. Anun Louharanoo. Accordingly, Mr. Somkiart Limsong and Mr. Padoong Techasarintr have notified the Board of Directors that they will not accept the nomination for the directorship position again after the end of their term. Therefore, the Board of Directors has resolved to propose to the Annual General Meeting of Shareholders Year 2021 to consider for re-appointment of two directors who are retired by rotation for another term of directorship, which will be proposed to the shareholders' meeting for consideration for each appointment individually, namely (1) Mr. Paul Heinz Hugentobler and (2) Mr. Anun Louharanoo. (5) Approved the change of names and number of the directors having the power to sign on behalf of the Company as follows. Originally specified as follows: The names and number of the directors having the power to sign on behalf of the Company: "Mr. Kraisi Sirirungsi, Mr. Srihasak Arirachakaran, Mr. Anun Louharanoo, providing two of the three directors co-sign their names and affix the seal of the Company" New change is as follows: The names and number of the directors having the power to sign on behalf of the Company: "Mr. Kraisi Sirirungsi, Mr. Srihasak Arirachakaran, Mr. Anun Louharanoo, Mr. Vanchai Tosomboon, providing two of the four directors co-sign their names and affix the seal of the Company" (6) Approved the appointment of Mr. Vanchai Tosomboon, to be the Chairman of the Board, in replacement of the vacant position, effective from April 20, 2021 onwards. ______________________________________________________________________ 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.