REPL::Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
THAI BEVERAGE PUBLIC CO LTD
Security
THAI BEVERAGE PUBLIC CO LTD - TH0902010014 - Y92

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
23-Feb-2022 18:48:03
Status
Replacement
Corporate Action Reference
SG211126DVCAIVY6
Submitted By (Co./ Ind. Name)
Nantika Ninvoraskul
Designation
Company Secretary
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Final
Financial Year End
30/09/2021
Declared Dividend/ Distribution Rate (Per Share/ Unit)
THB 0.35

Event Narrative

Narrative Type
Narrative Text
Additional TextThe Company's Board of Directors Meeting which was held on 26 November 2021 approved the book closure date for the share transfer with respect to the entitlement to final dividend payment ("Dividend") on 8 February 2022 ("BCD").
Registration DetailsThis is to permit investors to trade their shares on a cum-basis until one day after our 2022 Annual General Meeting of Shareholders which is scheduled to be held on 28 January 2022 at 10.00 hrs. (Bangkok Time) in Bangkok, Thailand.
Registration DetailsWe 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 Detailshowever, 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 7 February 2022.
Registration DetailsAccordingly, investors who holds 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 7 February 2022.
Narrative versionAnnual dividend 2021 is Baht 0.50 per share. We already paid the interim dividend of 2021 of Baht 0.15 per share in June 2021. Therefore, the balance dividend of 2021 to be paid at this time is Baht 0.35 per share.
Taxation ConditionsThe dividends payable on 25 February 2022 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 TextThe entitled shareholders whose shares are held through CDP will receive their proposed final 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 TextThis 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 TextThe other details in this announcement remain unchanged.
Additional TextThe Company has made the necessary arrangement to convert the dividend from Baht to SGD for entitled shareholders at the rate of Baht 24.34 per SGD. (the "Issuer Declared Exchange Rate").
Additional TextPlease 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 dividend amount received by entitled shareholders may differ due to rounding.

Event Dates

Record Date and Time
07/02/2022 17:00:00
Ex Date
04/02/2022

Dividend Details

Payment Type
Payment Rate in Gross
Taxable
Yes
Tax Rate (%)
10
Gross Rate (Per Share)
SGD 0.01438
Net Rate (Per Share)
SGD 0.012942
Pay Date
25/02/2022
Currency Pair
THB/SGD
Issuer Declared Exchange Rate
24.34
Gross Rate Status
Actual Rate

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