01 Mar 2021 07:36:00
Notification on the resolutions of the BODs' Meeting No.1/2021 approving dividend payment, the issuance of ECF-W4, capital increase, and the date of 2021 AGM of Shareholders
Schedule of Shareholders' meeting Subject : Schedule of Annual General Meeting of Shareholders Date of Board resolution : 25-Feb-2021 Shareholder's meeting date : 22-Apr-2021 Beginning time of meeting (h:mm) : 10 : 00 Record date for the right to attend the : 19-Mar-2021 meeting Ex-meeting date : 18-Mar-2021 Significant agenda item : - Cash dividend payment - Capital increase - The issuance of convertible securities Venue of the meeting : Srinakarin 2 Meeting Room, 9th Floor The Grand Four Wings Convention Hotel No. 333 Srinagarindra Road, Hua Mark, Bang Kapi, Bangkok 10240 ______________________________________________________________________ Dividend payment / Omitted dividend payment Subject : Cash dividend payment Date of Board resolution : 25-Feb-2021 Type of dividend payment : Cash dividend payment Record date for the right to receive : 30-Apr-2021 dividends Ex-dividend date : 29-Apr-2021 Payment for : Common shareholders Cash dividend payment (baht per share) : 0.0125 Derived from profit under non-BOI : 0.0021 privilege (baht per share) Derived from profit under BOI privilege : 0.0104 (baht per share) Par value (baht) : 0.25 Payment date : 21-May-2021 Paid from : Operating period from 01-Jan-2020 to 31-Dec-2020 ______________________________________________________________________ Issued Convertible Securities Subject : Issued convertible securities Date of Board resolution : 25-Feb-2021 Type of allocated securities : Warrants Allocate to : Existing common shareholders Number of allotted warrants (units) : 191,897,518 Reserved shares for the exercise of : Common shares warrants Number of additional shares (shares) : 191,897,518 Ratio (Existing shares : Warrant) : 5 : 1 Record date for the right to receive : 21-May-2021 warrants Ex-rights date : 20-May-2021 Offering price (baht per unit) : 0 Description of warrants Warrant Symbol : ECF-W4 Name of warrant : The Warrant Covenants with regards to the rights and duties of the Issuer and holders of Warrants to purchase Ordinary Shares of East Coast Furnitech Public Company Limited No.4 (ECF-W4) Exercise ratio (warrant : share) : 1 : 1 Exercise price (baht per share) : 2.00 Term of warrants : 3 years ______________________________________________________________________ Increasing Capital Subject : Specifying the purpose of utilizing proceeds Date of Board resolution : 25-Feb-2021 Number of additional common shares : 191,897,518 (shares) Total of additional shares (shares) : 191,897,518 Par value (baht per share) : 0.25 Type of allocated securities : Common shares Allocated to : Reserved shares for the exercise of convertible securities Number of allotted shares (shares) : 191,897,518 Remark : Additionally increase the registered capital of the Company at the amount of Baht 47,974.379.50 from Baht 239,871,897.50 to Baht 287,846,277 by issuing the new ordinary shares in the amount of 191,897,518 shares at a par value of Baht 0.25 per share for accommodating the exercise of the rights under the ECF-W4. ______________________________________________________________________ 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.