December 26, 2020
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656
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STGT board approves to adjust the dividend payment policy to not less than 50% of the net profit according to the separate financial statements. At least 30% from the original. Prepare an interim dividend in 2021 in June, September, and December ’64. The new dividend policy has been in effect since the next payment.
Sri Trang Gloves (Thailand) Public Company Limited or STGT informed the Stock Exchange of Thailand (SET) that the Board of Directors meeting Approved the change of dividend payment policy. To shareholders Not less than 30% of net profit according to the separate financial statements Not less than 50% of the net profit according to the separate financial statements After the corporate income tax deduction and the allocation of reserves Of all types according to the company’s regulations and the law Without having to exceed the Company’s retained earnings as shown in the separate financial statements. Paying dividends takes into account factors such as the financial status. Performance The Company’s cash flow The ability to pay dividends of the subsidiary
Including the need for capital to support the Company’s future growth. Economic situation Effects of external factors that are expected to affect the operations of The company and other considerations Which the Board of Directors deems appropriate
In addition, the Company deems it appropriate to set up an interim dividend payment plan in 2021, in June, September and December 2021, respectively. Next dividend
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