Somboon Advance Technology PCL : Notification of Interim Dividend Payment
August 10, 2018 at 06:20 am
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(Translation)
Ref. SAT-CS 013/2018
10 August 2018
Subject:Notification of Interim Dividend Payment
To:
President of the Stock Exchange of ThailandSomboon Advance Technology Public Company Limited ("the Company") would like to inform the Stock Exchange of Thailand of the following resolution passed by the Board of Directors' Meeting No. 7/2018 held on 10 August 2018 as follows:
1. Approved to make payment for interim dividend of the 6 months operation of the year 2018 on 1 January - 30 June 2018 at the rate of 0.3500 Baht per share for the total number of 425,193,894 ordinary shares, totally THB 148,817,862.90 derived from business activities eligible for BOI's investment promotion as of THB 46,643,770.17, at the rate of THB 0.1097 per share from 10 percent of taxable profits as of THB 81,212,033.75, at the rate of THB 0.1910 per share and 20 percent of taxable profits as of THB 20,962,058.97, at the rate of THB 0.0493 per share. The interim dividend shall be subject to withholding tax at the rate of 10 percent especially the dividend paid from 10 and 20 percent of taxable profits only.
2. The Company has fixed the Record Date on which shareholders have the right to receive the
interim dividend on 24 August 2018 and the dividend will be paid on 6 September 2018.
Please be informed accordingly.
Sincerely Yours,
-Signature-
Mr. Nuttakajorn Yanpirat
Vice President - Finance & Accounting / Information Technology
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Somboon Advance Technology pcl published this content on 10 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 10 August 2018 10:19:03 UTC
Somboon Advance Technology Public Company Limited operates as a holding company, where the main businesses are to manufacture automotive parts and agriculture machinery. Its segments include Axles and trunnion shafts and Other auto parts and others. The Company offers a variety of products for pickups and trucks which consist of parts for engine, transmission, suspension, such as axle shafts, disc brakes, drum brakes, leaf springs, coil springs and stabilizer bars. It also offers a variety of products for the tractor, such as Case Brake, Case Rear Axle Assy and others. It also provides a variety of products for the combined harvester, such as Assy Cutting Blade, V-Pulley, Guide Crawler, Case Unloader and others. Its subsidiaries include Somboon Malleable Iron Industrial Company Limited, Bangkok Spring Industrial Company Limited, International Casting Products Company Limited, Somboon Forging Technology Company Limited and Somboon Advance Agriculture Company Limited.