Charn Issara Development Public Company Limited Approves Dividend for the Year 2019, Payable on May 27, 2020; Approves Amendment of Clause 4 of the Memorandum of Association; Approves the Issuance and Offering of the Debentures in the Principal Amount of Not More Than THB 800 Million
The shareholders also approved the amendment of Clause 4 of the Memorandum of Association of the company with respect to the registered capital of the Company to be in line with the decrease and increase of the company's registered capital.
Approved the issuance and offering of the Debentures in the principal amount of not more than THB 800 Million with the following details: Use of Proceeds: For operation of the business of the Company. Interest: Subject to the prevailing market conditions at the time of issue and offering. Maturity: For short term debentures: not exceeding 270 days. For long term debentures: not exceeding 10 years. Premature Redemption: Subject to the conditions of each issuance.