Thai Wah Public Company Limited Approves Dividend for the Year Ended December 31, 2017, Payable on May 25, 2018; Approves Board Changes
April 27, 2018 at 06:53 am
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Thai Wah Public Company Limited at its AGM held on April 27, 2018, approved dividend payment to shareholders in the amount of THB 0.32 per share for 880,420,930 shares, totaling THB 281,734,697.60. The company will pay the dividend to the shareholders whose names appear in the company's share register book as at May 9, 2018 which is the date for determination of shareholders who are entitled to the dividend payment fixed by the Board of Directors (Record Date). Dividend payment will be made on May 25, 2018.
The company approved the appointment of two new directors, namely Ms. Parnsiree Amatayakul, Independent Director and Mr. Prateep Lertvatanakijkul, Director and the increase in the total number of directors of the Board from 12 to 14 directors.
Thai Wah Public Company Limited is a Thailand-based company that is engaged in the manufacturing and distribution of vermicelli, tapioca starch, and other food products. The Company operates through two segments: starch and food. The Starch segment is engaged in the manufacturing and distribution of starch and other agricultural products. The Food segment is engaged in the manufacturing and distribution of vermicelli and other food products. The Company's products in this category includes tapioca starch, glucose syrup, modified starch, sago, alpha starch, rice flour and rice starch. The Food segment products include vermicelli and bean sheets, rice noodles and rice vermicelli, mong starch and other starch, by-products and others. The Company sells its products through various channels, including wholesalers, retailers, department stores, superstores, supermarkets, convenience stores, cash vans, restaurants nationwide, industrial clients, and selling online.