Minor International Public Company Limited Approves Dividend for 2017, Payable on April 27, 2018; Elects Edward Keith Hubennette as New Independent Director
April 03, 2018 at 05:25 pm IST
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Minor International Public Company Limited announced that at the AGM held on April 3, 2018, the company approved to pay cash dividend in the amount of THB 0.40 per share for existing shareholders to no more than 4,619 million ordinary shares, thus totaling the cash dividend to be paid in the amount of not exceeding THB 1,848 million, in accordance with the dividend payment policy of the Company. The date for determining the rights of shareholders to receive dividend payments will be on April 11, 2018. The dividend payment date is set to be April 27, 2018.
The company also approved to increase the number of member of Company's Board of Directors, from previously 10 persons to 11 persons, by adding one new director to the Board and elect Mr. Edward Keith Hubennette as a new independent director.
Minor International Public Company Limited is a Thailand-based company engaged in the investment activities and hotel and restaurant operations carried out in Thailand. The Company segments include Hotel, Mixed use and Restaurant. It has a portfolio of over 530 hotels and serviced suites under the Anantara, Avani, Oaks, Tivoli, NH Collection, NH, nhow, Elewana Collection, Four Seasons, St. Regis, JW Marriott and Radisson Blu brands in 55 countries across Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe and the Americas. It also has over 2,600 outlets operating system-wide in 24 countries under The Pizza Company, Swensenâs, Sizzler, Dairy Queen, Burger King, Thai Express, The Coffee Club, Bonchon, Riverside, Coffee Journey, GAGA and Benihana brands. In addition, it operates mixed-use businesses, which include real estate business, comprising sale of residential development, Anantara Vacation Club, retail plaza and entertainment businesses and dining restaurants.
Minor International Public Company Limited Approves Dividend for 2017, Payable on April 27, 2018; Elects Edward Keith Hubennette as New Independent Director