24 May 2018 18:06:00
Notification on the resolutions of the Board Meeting no.1/2018 re: AGM of Shareholders for the year 2018 and dividend payment
Schedule of Shareholders' meeting Subject : Schedule of Annual General Meeting of Shareholders Date of Board resolution : 24-May-2018 Shareholder's meeting date : 18-Jul-2018 Beginning time of meeting (h:mm) : 14 : 00 Record date for the right to attend the : 08-Jun-2018 meeting Ex-meeting date : 07-Jun-2018 Significant agenda item : - Cash dividend payment - Acquisition and disposition of assets Venue of the meeting : at Ballroom 1, 2nd Floor, Sheraton Grande Sukhumvit, A Luxury Collection Hotel, Bangkok, No. 250 Sukhumvit Road, Klongtoey, Klongtoey, Bangkok 10110 ______________________________________________________________________ Acquisition or disposition of assets Approved the disposal of investment in Birla Lao Pulp & Plantations Co.,Ltd. (BLPP), an associated company in Lao PDR., representing 30% shareholding by Thai Rayon Public Co.,Ltd. at USD 4.068 Million as per the terms of share purchase agreement (SPA). The Company along with other shareholders i.e. Grasim Industries Limited (40%) and PT Indo Bharat Rayon (30%) have entered into the Share Purchase Agreement (SPA) dated 28 April 2018 with Sunpaper Holding Lao Co.,Ltd. to divest 100% shareholding in BLPP at USD 15,200,000.- (US Dollars: Fifteen Million Two Hundred Thousand only) after repayment of existing loan and share application money ______________________________________________________________________ Dividend payment / Omitted dividend payment Subject : Cash dividend payment Date of Board resolution : 24-May-2018 Type of dividend payment : Cash dividend payment Record date for the right to receive : 08-Jun-2018 dividends Ex-dividend date : 07-Jun-2018 Payment for : Common shareholders Cash dividend payment (baht per share) : 1.15 Derived from profit under non-BOI : 0.00 privilege (baht per share) Derived from profit under BOI privilege : 1.15 (baht per share) Par value (baht) : 1.00 Payment date : 07-Aug-2018 Paid from : Operating period from 01-Apr-2017 to 31-Mar-2018 ______________________________________________________________________ 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.