News Detail

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
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                Schedule of Shareholders' meeting

Subject                                  : Schedule of Annual General Meeting of
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
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
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
    Number of additional shares (shares) : 191,897,518
    Ratio (Existing shares : Warrant)    : 5 : 1
    Record date for the right to receive : 21-May-2021
    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 
Date of Board resolution                 : 25-Feb-2021
Number of additional common shares       : 191,897,518
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 
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