The Company’s dividend payment policy is to distribute annual dividends to its shareholders at a rate of not less than 50.0% of the net profit as recorded in the Company’s separate financial statements after deductions for income tax and legal reserves as required by law and its articles of association. Notwithstanding the foregoing, dividend payments are subject to the discretion of the Company’s board of directors based on the Company’s results of operations, cash flow, investment plans, future needs and other factors as the Company’s Board of Directors deems appropriate, and the dividend payment must be approved by the annual general meeting of shareholders.

In addition, the Board of Directors may, from time to time, pay the shareholders the interim dividends, provided that it is of the view that the Company has adequate profits to make such payment. After the interim dividends have been paid, such dividend payment shall be reported to the shareholders at the next shareholders’ meeting.

In the 2016 annual general meeting of shareholders held on April 19, 2016, the shareholders of the Company (at the time the Company’s status was a private limited company and was not yet converted into a public limited company) passed a resolution for a dividend payment in the amount of THB 2,551,750,000 to the shareholders whose names were listed in the share register book as of March 25, 2016. The dividend payment was made on May 4, 2016.

In addition, at the 2017 annual general meeting of shareholders held on March 1, 2017, a resolution was passed for the payment of dividends for 2016 in the amount of THB1,593,000,000 to shareholders whose names were listed in the Company’s share register book as of February 14, 2017. The dividend is payable by March 15, 2017.


Dividend details after listing on the SET

Board Date X-Date Payment Date Dividend Type Dividend (per Share) Unit Operation Period Source of Dividend
19/04/18 12/03/18 10/05/18 Cash Dividend 0.04 Baht Up to Q4/17 Retained Earnings
30/11/17 12/12/17 27/12/17 Cash Dividend 0.06 Baht Up to Q3/17 Retained Earnings
31/08/17 12/09/17 22/09/17 Cash Dividend 0.10 Baht Up to Q2/17 Retained Earnings
08/05/17 19/05/17 02/06/17 Cash Dividend 0.10 Baht Up to Q1/17 Retained Earnings