News Detail

Date/Time
12 Mar 2021 08:53:00
Headline
Resolutions of the Board of Directors' Meeting regarding stock dividend and cash dividend payment, extension of the increasing capital under a general mandate, amendment of the Company's Article of Association and Schedule of AGM 2021 (Amendment)
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-2021
Shareholder's meeting date               : 27-Apr-2021
Beginning time of meeting (h:mm)         : 14 : 00
Record date for the right to attend the  : 25-Mar-2021
meeting
Ex-meeting date                          : 24-Mar-2021
Significant agenda item (Update)         :
  - Capital increase
  - Cash and stock dividend payment
  - The issuance of convertible securities
  - Amendment of the Company's Article of Association
Venue of the meeting                     : At the Meeting Room of Sub Sri Thai 
Public Company Limited, No.115 Moo 6  Soi Suksawat 76, Suksawat Road, Bang Chak
Subdistrict,, Phra Pradaeng District, Samut Prakan Province, Thailand
______________________________________________________________________

Dividend payment / Omitted dividend payment

Subject                                  : Cash and stock dividend payment
Date of Board resolution                 : 11-Mar-2021
Type of dividend payment                 : Cash and stock dividend payment
Record date for the right to receive     : 07-May-2021
dividends
Ex-dividend date                         : 06-May-2021
Payment for                              : Common shareholders
Ratio of stock dividend payment          : 20 : 1
(Existing share : stock dividend)
Stock dividend payment rate (baht per    : 0.05
share) (Update)
Stock dividend payment rate calculated from  :
Par value
Cash dividend payment (baht per share)   : 0.0055555556
(Update)
Total dividend payment (baht per share)  : 0.0555555556
Cash Compensation for fractions of       : 0.05
shares (baht per share)
Par value (baht)                         : 1.00
Payment date (New)                       : 27-May-2021
Paid from (Update)                       : Retained Earnings
______________________________________________________________________

Increasing Capital

Subject                                  : Specifying  the purpose of utilizing 
proceeds
Date of Board resolution                 : 11-Mar-2021
Number of additional common shares       : 26,740,626
(shares)
Total of additional shares (shares)      : 26,740,626
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)   : 1,671,233
  Allocated to                           : Reserved shares for stock dividend
    Number of allotted shares (shares)   : 25,069,393
______________________________________________________________________

Increasing Capital

Subject                                  : Issuance  of Additional Shares Under 
a General Mandate
Date of Board resolution                 : 11-Mar-2021
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   : 9.09
increase BOD resolution date
  Allocated to                           : Public offering
    Number of allotted shares (shares)   : 91,161,564
    % of Paid-Up capital as of capital   : 18.18
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   : 27.27
increase BOD resolution date
______________________________________________________________________

Issued Convertible Securities

Subject                                  : Issued convertible securities
Date of Board resolution                 : 11-Mar-2021
Type of allocated securities             : Transferable Subscription Rights 
(TSR)
  Allocate to                            : Existing common shareholders
    Number of allotted TSR (units)       : 136,742,346
Remark                                   :
Approved to propose the Shareholders' meeting for consideration of approval the
issuance of the transferable subscription right (TSR) in the amount of not
exceed 136,742,346 units to the existing shareholders, in proportion to the
number of shares already held by each shareholder according to allocate newly
issued ordinary shares under a General Mandate and authorized the Board of
Directors to determine the specification of issuing and allocating the
transferable subscription right including criteria condition and other related
to the issuing the TSR.
______________________________________________________________________
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