Advanced Info Service Plc. Approves Interim Dividend for the First Half of 2017, Payable on August 25, 2017; Approves Board Changes
July 27, 2017 at 06:34 am EDT
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On 27 July 2017, the Board of Directors of Advanced Info Service Plc. passed a resolution in the following significant matters. The board approved an interim dividend payment for the performance of the first half of 2017 (1 January 2017 - 30 June 2017) at the rate of THB 3.51 per share, totaling approximately THB 10,435 million or equivalent to 70% of consolidated net profit. The closing date of the share registration to determine the right to receive dividend will be on 10 August 2017. The dividend payment will be on 25 August 2017.
The board approved the appointment of Mr. Hui Weng Cheong as the director replacing Mr. Philip Chen Chong Tan who resigned from the position, effective from 27 July 2017 onwards. Mr. Hui Weng Cheong has been acted as Chief Operating Officer who oversees the company's business operation since 2013 and recently being appointed as President.
Advanced Info Service Public Company Limited is a Thailand-based company, which is engaged in providing consulting and management services to its subsidiaries. The Company operates through three segments: Mobile phone services, Mobile phone and equipment sales and Datanet and broadband services. The Companyâs subsidiaries include Advanced Contact Center Company Limited; Digital Phone Company Limited; Advanced Magic Card Company Limited; AIN GlobalComm Company Limited; Advanced Wireless Network Company Limited; Super Broadband Network Company Limited, and others. Advanced Wireless Network Company Limited is a service provider of cellular telephone networks, a distributor of handsets and international telephone service, network operator, telecommunication service operator and Internet. Super Broadband Network Company Limited is a network operator and telecom service operator, including as a service provider of a broadcasting network and television broadcasting service several channels.