UAC Global Public Company Limited Proposes Dividend Payment for the Year 2020, Payable on May 7, 2021
February 25, 2021 at 05:44 pm IST
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UAC Global Public Company Limited at its board meeting held on February 24, 2021, proposed the dividend payment for the year 2020 operating performance of THB 0.20 per share, totaling THB 133,521,239.80, or dividend payout ratio at 86.00% of the net profit after corporate tax and legal reserve of the separated financial statements, of which THB 0.06 per share, totaling THB 40,056,371.94 was paid as an interim dividend on December 9, 2020. The final dividend payment will be THB 0.14 per share, totaling THB 93,464,867.86 will be paid from the net profit. The record date for the names of shareholders who have rights to receive the dividends scheduled to be on March 16, 2021 and dividend payment shall be made on May 7, 2021. However, the rights to receive dividend is subjected to the approval of Shareholders at the 2021 Annual General Meeting.
UAC Global Public Company Limited is a Thailand-based company engaged in the import and distribution of chemicals and equipment used in various industries. It is focused on providing consulting and advice for the marketing of any products and services to the energy industry, refineries, petrochemicals, power plants and other utilities. It is also engaged in the production and distribution of biogas used in power generation, transportation and industries; subcontracting of the construction of machines and equipment used in various industries, and production and distribution of petroleum products, such as compressed natural gas, liquefied petroleum gas, and natural gas liquid. Its products are served to customers in various industries, including offshore natural gas exploration and production, oil refineries and upstream petrochemicals, engine oil lubricant manufacturing plants, polymer and plastic manufacturing plants, chemical industrial plants, power plants and utilities systems.