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Replace - Cash Dividend - Final

Back Feb 23, 2021
Announcement Title Cash Dividend/ Distribution
Date & Time of Broadcast Feb 23, 2021 18:43
Status Replace
Corporate Action Reference SG201125DVCAPGT8
Submitted By (Co./ Ind. Name) Nantika Ninvoraskul
Designation Company Secretary
Dividend/ Distribution Number Not Applicable
Dividend/ Distribution Type Final
Financial Year End 30/09/2020
Declared Dividend/ Distribution Rate (Per Share/ Unit) THB 0.36
Event Narrative
Narrative Type Narrative Text
Additional Text The Company's Board of Directors Meeting which was held on 25 November 2020 approved the book closure date for the share transfer with respect to the entitlement to final dividend payment ("Dividend") on 8 February 2021 ("BCD").
Registration Details This is to permit investors to trade their shares on a cum-basis until one day after our 2021 Annual General Meeting of Shareholders which is schedule to be held on 29 January 2021 at 10.00 hrs. (Bangkok Time) in Bangkok, Thailand.
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 5 February 2021.
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 5 February 2021.
Narrative version Annual dividend of 2020 is Baht 0.46 per share. We already paid the interim dividend of 2020 of Baht 0.10 per share in June 2020. Therefore, the balance dividend of 2020 to be paid at this time is Baht 0.36 per share.
Taxation Conditions The dividends payable on 25 February 2021 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 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 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 final dividend from Baht to SGD for entitled shareholders at the rate of Baht 22.645 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 05/02/2021 17:00:00
Ex Date 04/02/2021
Dividend Details
Payment Type Payment Rate in Gross
Taxable Yes
Tax Rate (%) 10
Gross Rate (Per Share) SGD 0.0159
Net Rate (Per Share) SGD 0.01431
Pay Date 25/02/2021
Currency Pair THB/SGD
Issuer Declared Exchange Rate 22.645
Gross Rate Status Actual Rate

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