Thai Steel Cable Public Company Limited announced that meeting approved the legal reserve which has already reached 10% of authorized share capital and to arrange the dividend payment of 2023 in amount of THB 1.20 per share which equals to THB 311,760,000 or 112% of net profit of 2023. However, the Company had paid the interim dividend at THB 0.40 per share in 2023, therefore, the existing sum is THB 0.80 per share which equals to THB 207,840,000. The dividend will be paid within February 22, 2024.

The remaining of THB 0.80 per share which will be paid from the BOI promotion THB 149,947,890 at THB 0.58 per share and THB 57,892,110 at THB 0.22 per share from business with 25 % taxable profits. The dividend shall be subject to withholding tax especially the dividend paid from the taxable profit only. And approved to present to the Annual General Meeting of Shareholders of 2024 for approve the legal reserve and dividend payment for year 2023 as detail above.

The meeting approved to prepare record of shareholders that eligible to dividend payment on February 2, 2024.