Dividend payment / Omitted dividend payment Subject : Cash dividend payment Date of Board resolution (New) : 24-Apr-2020 Type of dividend payment : Cash dividend payment Record date for the right to receive : 18-Mar-2020 dividends Ex-dividend date : 17-Mar-2020 Payment for : Common shareholders Cash dividend payment (baht per share) : 0.13 Derived from profit under non-BOI : 0.0705 privilege (baht per share) Derived from profit under BOI privilege : 0.0595 (baht per share) Par value (baht) : 0.25 Payment date : 12-May-2020 Paid from : Retained Earnings Remark (Update) : According to the outbreak of 2019 Coronavirus Disease (COVID-19), BJC Heavy Industries Public Company Limited ("the Company") has announced to postpone the 2020 Annual General Meeting of Shareholders ("2020 AGM") which was previously scheduled on April 24, 2020. To mitigate any impacts that may arise to shareholders, the Board of Directors Meeting No. 2/2020 held on April 24, 2020 has approved the resolution as follows; 1. Approved an interim dividend payment from Retained Earnings at the same rate as previously proposed of THB 0.13 per share, totals to not exceeding Baht 208 million, details as following; 1.1 For the interim dividend of Baht 0.0595 per share, which will be payable from the BOI profit; thus, the dividends are exempted from withholding tax. Individual shareholders cannot claim any tax credits. 1.2 For the interim dividend of Baht 0.0705 per share, which will be payable from the profit of the Company that is subject to the corporate income tax at the rate of 20% of the net profit. Individual shareholders are entitled to claim the tax credits at the rate of 20/80 times of the dividend received. The record date for the right of shareholders to receive the interim dividend scheduled on Wednesday, March 18, 2020 (Record Date) and payment shall be made within Tuesday, May 12, 2020 same date as the shareholders had been previously notified (according to the resolution of the Board of Directors' meeting No.1/2020 held on February 26, 2020). In this regard, the Board of Directors will not propose any dividend payment for 2019 operations and will inform the payment of an interim dividend at the 2020 AGM. 2. Approved the Auditors from A.M.T. & Associates who have been approved by the Board of Directors' Meeting No.1/2020 on February 26, 2020 to be the Auditors of the Company for reviewing financial statements for the first quarter of year 2020 in order to disclose information and submit financial statements to the Stock Exchange of Thailand. The Company will propose an appointment of the mentioned Auditors in the next 2020 AGM, as per the following names; - Mr. Chaiyuth Angsuwithaya, Certified Public Accountant No. 3885 or - Mrs. Natsarak Sarochanunjeed, Certified Public Accountant No. 4563 or - Ms. Daranee Somkamnerd, Certified Public Accountant No. 5007 or - Ms. Jarunee Nuammae, Certified Public Accountant No. 5596 Please be informed accordingly.
By Stock Exchange of Thailand Date 24 Apr 2020 18:07:00