Sub Sri Thai Public : Resolutions of the Board of Directors Meeting regarding dividend payment, the increasing capital under a general mandate, issuance and offering of debentures, amendment of the Company's Article of Association and Schedule of AGM 2022

Date/Time

28 Feb 2022 13:24:46

Headline

Resolutions of the Board of Directors Meeting regarding dividend payment, the increasing capital under a general mandate, issuance and offering of debentures, amendment of the Company's Article of Association and Schedule of AGM 2022

Symbol

SST

Source

SST

Full Detailed News

                Schedule of Shareholders' meeting

Subject                                  : Schedule of Annual General Meeting of
 Shareholders
Date of Board resolution                 : 25-Feb-2022
Shareholder's meeting date               : 27-Apr-2022
Beginning time of meeting (h:mm)         : 14 : 00
Record date for the right to attend the  : 11-Mar-2022
meeting
Ex-meeting date                          : 10-Mar-2022
Significant agenda item                  :
  - Capital increase
  - The issuance of debentures
  - Cash dividend payment
  - The issuance of convertible securities
  - Amendments the Company's Articles of Association
Venue of the meeting                     : at No.206 Soi Pattanakan 20, Suan 
Luang Sub-district, Suan Luang District, Bangkok 10250, Thailand
______________________________________________________________________

Increasing Capital

Subject                                  : Issuance  of Additional Shares Under 
a General Mandate
Date of Board resolution                 : 25-Feb-2022
Number of additional common shares       : 315,873,930
(shares)
Total of additional shares (shares)      : 315,873,930
Par value (baht per share)               : 1.00
Type of allocated securities             : Common shares
  Allocated to                           : Private placement (PP)
    Number of allotted shares (shares)   : 52,645,655
    % of Paid-Up capital as of capital   : 10.00
increase BOD resolution date
    Total shares allocated to Private    : 52,645,655
Placement (Shares)
  Allocated to                           : Public offering (PO)
    Number of allotted shares (shares)   : 105,291,310
    % of Paid-Up capital as of capital   : 20.00
increase BOD resolution date
  Allocated to                           : Reserved shares for TSR exercise
    Number of allotted shares (shares)   : 157,936,965
    % of Paid-Up capital as of capital   : 30.00
increase BOD resolution date
______________________________________________________________________

Dividend payment / Omitted dividend payment

Subject                                  : Cash dividend payment
Date of Board resolution                 : 25-Feb-2022
Type of dividend payment                 : Cash dividend payment
Record date for the right to receive     : 09-May-2022
dividends
Ex-dividend date                         : 06-May-2022
Payment for                              : Common shareholders
Cash dividend payment (baht per share)   : 0.03
Par value (baht)                         : 1.00
Payment date                             : 26-May-2022
Paid from                                : Retained Earnings

______________________________________________________________________

Issued Convertible Securities

Date of Board resolution                 : 25-Feb-2022
Type of allocated securities             : Transferable Subscription Rights 
(TSR)
  Allocate to                            : All common shares' shareholders
    Number of allotted TSR (units) (New) : 157,936,965
    Reserved shares for the exercise of  : Common shares
TSR (New)
    Number of additional shares (shares) : 157936965.00
 (New)
Remark                                   :
 The Board of Directors' Meeting has approved to propose the Shareholders' 
meeting for consideration of approval the issuance of the transferable
subscription right (TSR) in the amount of not exceed 157,936,965 units to the
existing shareholders, in proportion to the number of shares already held by
each shareholder according to allocate newly issued ordinary shares under a
General Mandate and authorized the Board of Directors to determine the
specification of issuing and allocating the transferable subscription right
including criteria condition and other related to the issuing the TSR.
______________________________________________________________________
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