Multibax Public Company Limited Announces Dividend, Payable on May 7, 2021
April 08, 2021 at 04:55 pm IST
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Multibax Public Company Limited at its AGM held on April 8, 2021, resolved to approve allocate as dividends distribution from the retained earnings and the business operation of the fiscal 2020 at the rate of THB 0.88 per share, and whereas the Company has made the interim dividends payment from the retained earnings and the business operation period 1 January - 30 June 2020 at the rate of THB 0.32 on 10 September 2020, therefore, the balance of the dividends shall be paid from the retained earnings and the business operation period of 1 July - 31 December 2020 shall be at the rate of THB 0.56 per share which to be the total sum of THB 107,461,279 from the total issued ordinary share of 191,895,141 shares. The Company shall set up a list of eligible Shareholders to receive the dividend payment at the rate THB 0.56 per share on 22nd April 2021 and shall pay its dividends to the shareholders on 7th May 2021.
Multibax Public Company Limited is a Thailand-based manufacturer and distributor for polymer bags. The Company produces packaging bags, which can contain fresh foods, such as meat, vegetables, fruits and cooked foods, as well as a range of versatile bags according to the needs of domestic and international customers. The Company provides food bag products, which include ordinary food bags with wire-strapping bags, sandwich bags, built-in zippered food bags, and food bag types with a slider to open and close the bag; and garbage bag products, which include stringed garbage bags, handle type garbage bags, garbage bag types with ends for a four-sided tie, flat mouth square garbage bags, broken plastic bags, and dog dropping bags. The Company produces bioplastic bags and eco-friendly plastic bags. It operates in various markets, including North American countries, European Union countries, Australia, countries in the Middle East, South Africa, and other continents.