News Detail

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
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                Schedule of Shareholders' meeting

Subject                                  : Schedule of Annual General Meeting of
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
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
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
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