Thai Rubber Latex Corporation (Thailand) Public Company Limited
ANNOUNCES DIVIDEND PAYMENT
SETS DATE FOR ORDINARY GENERAL MEETING OF SHAREHOLDERS
AND INVESTMENTS OF THE COMPANY
The board of directors of Thai Rubber Latex Corporation (Thailand) Public
Company Limited at a meeting (#3/2007) held on 28th February 2007 passed the
1. That the dividend payment will be Bt 1.00 per share, totally 27.26
Million Baht. The dividend from net profit, which was not received promotion
privileges from The Board of Investment of Thailand will be paid to shareholders
on 25th May 2007. Total dividend payment from 2006's operational results (this
dividend payment includes the interim dividend payment on 8th September 2006 at
Bt.2.00 per share) will be Bt 3.00 per share, totally 81.79 Million Baht.
2. That the date for closing the company share register for the right
to receive the dividend will be on 9th April 2007 at 12.00pm until 27th April
3. That an ordinary general meeting of shareholders (#1/2007) should
be held on 27th April 2007 from 9.00am to 10.00am at the company's meeting room.
4. That the date for closing the company share register for the right
to attend the ordinary general meeting of shareholders will be on 9th April 2007
at 12.00pm until 27th April 2007.
5. That the agenda for the meeting will:
5.1 Certify the minutes of the ordinary general meeting of
shareholders (#1/2006) held on 28th April 2006.
5.2 Certify the company's annual report and the board of
directors' report for 2006.
5.3 Approve the company's balance sheets, profit and loss
statements, and cash flow statements as at 31st December 2006.
5.4 Consider the allocation of net profit for legal reserves and
dividend payments for 2006's operational results.
5.5 Appoint new directors to succeed those completing their
terms,and fix the number of directors, their authority, and their remuneration
5.6 Appoint an auditor and fix the auditing fee for 2007.
5.7 Consider other issues (if any).
6. Approved changing investment in T-Inter Plus Company Limited (new
affiliate in TRUBB group) from 10,000,000 Baht to 5,000,000 Baht. The company
will purchase 200,000 common shares, at par value of Baht 10 per share,
amounting 2,000,000 Baht (the board of directors (TRUBB) at meeting (#16/2006)
held on December 22nd, 2006 approved purchasing new 400,000 common shares of
T-Inter Plus Company Limited, at par value of Baht 10 per share, amounting
4,000,000 Baht. ). The company and Mr.Chaowarit Tiyadachachai will hold
shareholders structure at 40% and 60% respectively. The affiliate will operate
business as a trading company of natural rubber products. The objectives of
investment are increasing liquidity of TRUBB group's marketing operations in
natural rubber products and for dividend income.
7. Approved selling total investment in Wang Somboon Rubber Company
Limited (affiliate that TRUBB holds 48.43% of shareholders structure, operates
the rubber plantation in Sakaeo province ). The company will sell 2,678,000
common shares, at book value of Baht 11.24 per share (a par value of Baht 10
per share), amounting 30,100,720 Baht to Thai Rubber City Company Limited
(subsidiary that TRUBB holds 100% of shareholders structure, operates the rubber
plantation in Nan and Chiang Rai province). The objective of investment is to
increase management efficiency of rubber estate group in TRUBB group.
Signature__________________ Authorized director
Positio Managing Director
Date 28th February 2007