Eastern Polymer Group Public Company Limited Board Approves Dividend for the Year Ended March 31, 2016, Payable on August 24, 2016
May 30, 2016 at 02:34 am EDT
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Eastern Polymer Group Public Company Limited's board of directors meeting held on May 27, 2016 resolved to propose to the annual general meeting of shareholders for consideration and approval the dividend payment from the operating result of the fiscal year ended as at 31 March 2016 apart from the interim dividend at rate of THB 0.12 per share for the total number of 2,800 million shares, totaling THB 336,000,000 to be paid to the shareholders whose names appear in the share register book as of August 4, 2016 that is the date to determine the list of shareholders eligible to receive dividend payment (Record Date); setting August 5, 2016 as the closing date of the share register book for gathering shareholders' names under Section 225 of the Securities and Exchange Act; scheduling the dividend payment date to be paid by August 24, 2016; and appropriation of THB 18,082,424 from profit as legal reserve.
Eastern Polymer Group Public Company Limited is a Thailand-based company, which is engaged in investing in other companies. The principal business activities are the manufacture and distribution of rubber insulation, automotive parts, plastic packing, and the research and development business. The Company operates in four segments: Rubber insulation, Automotive plastics, Packaging plastics, and Others. The Companyâs subsidiaries include Aeroflex Co.,Ltd., which is engaged in rubber insulation manufacturing; Aeroklas Co., Ltd., which is engaged in bedliners and covers of pickup trucks and automotive accessories manufacturing; Eastern Polypack Co., Ltd., which is engaged in plastic packaging manufacturing; EPG Innovation Center Co., Ltd., which is engaged in research and development and calibration services, and Aeroflex Polymer Technologies (Shanghai) Co., Ltd., which is engaged in Rubber insulation manufacturing and import and export of machinery and chemicals.