The board of directors' meeting of Pacific Pipe Public Company Limited held on February 22, 2017. At the meeting the board approved the resignation of Ms. Sunisa Kwanbunbumphen form her position as director of PAP, effective April 21, 2017.

The board proposed to the shareholders' meeting dividend payment at THB 0.99 per share to the company's shareholders whose names appear on the record date on March 9, 2017 to determine the right to attend the 2017 AGM and receive dividend payment. To collect the list of shareholders in accordance with section 225, Securities Act, the company scheduled to close the company's share registration book on March 10, 2017 and the dividends will be paid on May 12, 2017.