Mr.Chansin Treenuchagron, President & CEO of PTT Public Company Limited (PTT) revealed the resolutions of PTT’s Board of Directors on the Special Meeting No 1/2020 held on March 26, 2020 to postpone the 2020 Annual General Meeting of Shareholders and approve the interim dividend payment. Due to a state of emergency declared in all areas of the Kingdom of Thailand dated March 25, 2020, and according to Section 9 of the Emergency Decree on Public Administration in Emergency Situation, B.E. 2548 and Bangkok Metropolitan Administrative announcement, dated March 27, 2020, Subject: Temporary Closure of the Premises (No.4), and requested to consider activities involving gathering, which may promote person-to-person transmission of the virus, also, PTT has been closely monitoring in this situation; therefore, the 2020 Annual General Meeting of Shareholders, previously scheduled for April 10, 2020 at 13.30 hours at Bangkok Convention Center, 5th Floor, Central Plaza Ladprao (Plaza Zone) will be postponed until the situation is resolved.
However, PTT will implement an interim dividend payment instead of
proposing an annual dividend, which is from the Company’s profit as of December 31, 2019
at Baht 1.10
By combining the rate of 0.90 Baht per share for the first half of 2019, approved by the Board
of Directors on September 27, 2019, the total dividend payment derived from the
profit in 2019 will amount to 2.00 Baht per share. In this regard, the Board of Directors will not propose any other
dividend payment for 2019. After the COVID-19 situation is resolved, the company will inform shareholders of a new AGM date and venue.
PTT would like to apologize for the short notice of indefinite postponement of the 2020 Annual General Meeting of Shareholders. Promisingly, PTT strives to support all people to pass through this crisis together. #สานพลังใจWeFightTogether