Replace - Cash Dividend/ Distribution :: Mandatory

News

Replace - Cash Dividend/ Distribution :: Mandatory

Announcement Title	Cash Dividend/ Distribution
Date & Time of Broadcast	Jun 10, 2020 20:24
Status	Replace
Corporate Action Reference	SG200514DVCAUDWS
Submitted By (Co./ Ind. Name)	Nantika Ninvoraskul
Designation	Company Secretary
Dividend/ Distribution Number	Not Applicable
Dividend/ Distribution Type	Interim
Financial Year End	30/09/2020
Declared Dividend/ Distribution Rate (Per Share/ Unit)	THB 0.1
Event Narrative
Narrative Type	Narrative Text
Additional Text	The Company's Board of Directors Meeting which was held on 14 May 2020 approved the book closure date for the share transfer with respect to the entitlement to interim dividend payment ('Dividend') on 29 May 2020 ('BCD').
Registration Details	We would like to clarify that although Thailand Securities Depository Co., Ltd. ('TSD') determines that the rights of shareholders are based on shareholders whose names appear in TSD register on the BCD;
Registration Details	however, the Central Depository (Pte) Limited ('CDP') determines that investors rights are based on shareholders whose names appear in CDP register as at 17.00 hrs. (Singapore Time) on 28 May 2020.
Registration Details	Accordingly, investors who hold shares through the CDP will only be entitled to receive Dividend through CDP if their names appear in CDP register as at 17.00 hrs. (Singapore Time) on 28 May 2020.
Taxation Conditions	The dividends payable on 12 June 2020 in respect of shares of ThaiBev are subject to Thai income tax withholding at a rate of 10% where the dividends are paid to either non-Thai resident corporate investors or to non-Thai resident individual investors.
Additional Text	The entitled shareholders whose shares are held through CDP will receive their proposed interim dividend through CDP in Singapore Dollars (SGD). The conversion from Baht to SGD will be made based on the prevailing exchange rate within two (2) business days after receiving the relevant information from TSD.
Additional Text	This replacement announcement is to: reflect the 'Gross Rate (Per Share)' and 'Net Rate (Per Share)' in Singapore Dollars (SGD) and to specify the exchange rate used for the conversion from Baht to SGD.
Additional Text	The other details in this announcement remain unchanged.
Additional Text	The Company has made the necessary arrangement to convert the interim dividend from Baht to SGD for entitled shareholders at the rate of Baht 22.51 per SGD (the 'Issuer Declared Exchange Rate').
Additional Text	Please note that the SGD amounts of the dividend specified in the 'Gross Rate (Per Share)' and 'Net Rate (Per Share)' fields below have been converted based on the Issuer Declared Exchange Rate and the interim dividend amount received by entitled shareholders may differ due to rounding.
Event Dates
Record Date and Time	28/05/2020 17:00:00
Ex Date	27/05/2020
Dividend Details
Payment Type	Payment Rate in Gross
Taxable	Yes
Tax Rate (%)	10
Gross Rate (Per Share)	SGD 0.004442
Net Rate (Per Share)	SGD 0.003998
Pay Date	12/06/2020
Currency Pair	THB/SGD
Issuer Declared Exchange Rate	22.51
Gross Rate Status	Actual Rate
Applicable for REITs/ Business Trusts/ Stapled Securities