Dividend Policy & Payment

  1. Dividend policy of the Company

    The Company will consider paying dividend according to provision of law, including the Public Limited Company Act, B.E. 2535, which requires a public limited company to pay dividend only from the net profit derived from standalone financial statement with no accumulated deficit.

    The Company’s dividend payment policy is to pay dividends in the amount of not less than 40 per cent. of the Company’s consolidated net profit after deducting corporate income tax and other reserve funds as required by law in each year. However, the dividend payment of the Company may take into account the Company’s financial position, cash flow, liquidity, investment plan and other factors, as the Board of Directors deems appropriate.

    The dividend payment shall not materially affect the Company’s normal business operations and comply with law, regulation or relevant ruling. The Board of Directors shall propose to the shareholders’ meeting approval of dividend payments, except the payment of interim dividends. The Board of Directors may declare interim dividends and report to the shareholders at the next shareholders’ meeting. The payment of dividend shall not exceed retained earnings of the Company in the separate financial statements of the Company and shall be in accordance with applicable laws.

  2. Dividend policy of the Subsidiaries

    Each Subsidiary’s dividend payment policy is to pay dividends in the amount of not less than 50 per cent of the net profit after deducting corporate income tax and other reserve funds as required by law in each year. However, the dividend payment of each Subsidiary may take into account the financial position, cash flows, liquidity, investment plan and other factors, as the board of directors deems appropriate, and for the best interest of shareholders. The dividend payment shall not materially affect each Subsidiary’s normal business operations. The board of directors of each Subsidiary shall propose to the shareholders’ meeting approval of dividend payments, except the payment of interim dividends. The board of directors of each Subsidiary may declare interim dividends and report to the shareholders at the next shareholders’ meeting.

  3. Dividend policy of associates and joint ventures

    Each associate and joint venture is to pay dividends in proportion to a shareholding according to conditions set out in related shareholders agreements

Board Date X-Date Payment Date Dividend Type Dividend (per Share) Unit Operation Period
20/02/18 04/05/18 21/05/18 Cash Dividend 0.2034 Baht 01/01/17-31/12/17