Minor International Public Company Limited Proposes Dividend for the Year 2019, Payable on May 21, 2020
February 28, 2020 at 05:52 am EST
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Minor International Public Company Limited held the Board of Directors Meeting on February 28, 2020. At the meeting, the board approved to propose that the Shareholders' Annual General Meeting consider and approve the allocation of net profit as statutory reserve and dividend payment for the year 2019. Dividend payment for the operating results of 2019 as cash dividend in the amount of THB 0.50 per share for existing shareholders who hold no more than 4,619,004,860 common shares, thus totaling the cash dividend to be paid in the amount of not exceeding THB 2,310 million. The date for determining the names of shareholders who have right to receive dividend payment will be on May 5, 2020 (Record Date) whereas the dividend payment date will be on May 21, 2020.
Minor International Public Company Limited is a Thailand-based company engaged in the investment activities, hotels, restaurant operations, and distribution and manufacturing. The Company operates through four segments: Hotel, Mixed use, Restaurant and Retail. The Company operates hotels, resorts and serviced suites with a portfolio of over 530 hotels under the Anantara, AVANI, Oaks, Tivoli, Elewana, NH Collection, NH, nhow, Marriott, Four Seasons, St. Regis, Radisson Blu and Minor International brands. Its hotel and spa portfolio spans across 56 countries in Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe and the Americas. The Company operates mixed-use business, including shopping plazas and entertainment, residential properties, and a points-based vacation club. It offers fashion and lifestyle products under various brands, including Anello, BergHOFF, Bossini, Charles & Keith, Joseph Joseph, Zwilling J.A. and Minor Smart Kids.