TEAMG dividend 5:1 with cash Free Warrants – Stock Dimension

2023-05-08 02:19:07


Stock dimension – Mr. Rapee Pongbuphakit (top row, middle person) Chairman Dr.Apichat Sramoon (Top row, 2nd from right) Chief Executive Officer together with the board TEAM Consulting Engineering and Management Public Company Limited or TEAMG Organized the 2023 Annual General Meeting of Shareholders via electronic media (E-AGM) to report the 2022 operating results. Approved the dividend payment in the form of ordinary shares at the rate of 5 existing shares per 1 stock dividend and cash at the rate 0.01111111111 baht per share (to support withholding tax at the rate of 10 percent of income under Section 50(2)(e) of the Revenue Code to dividend recipients), totaling a dividend payment at the rate of approximately per share. 0.11111111111 baht or equivalent to a total value of 75.56 million baht. The company has determined the list of shareholders who are entitled to receive dividends (Record Date) on March 14, 2023 and determined the dividend payment to shareholders on the date This 22 May 2023

In addition, the meeting also resolved to approve the issuance and allocation of warrants to purchase newly issued ordinary shares of the Company No. 1 (TEAMG-W1) to the existing shareholders in proportion to their shareholding (Rights Offering), age 3. year, free of charge, in the amount not exceeding 136,000,000 units at the allocation ratio of 5 existing ordinary shares per 1 unit of warrants. The list of shareholders who are entitled to receive the allocation of TEAMG-W1 Warrants (Record Date) is scheduled on May 12, 2023, including approval of the issuance, offering and allocation of the Company’s newly issued ordinary shares. the to directors, executives and employees of the Company and/or its subsidiaries (TEAMG-ESOP) which is a continuous project not exceeding 6 months in the amount of not more than 2,000,000 shares at a par value of 0.50 baht per share. This year’s pin moves forward in business, focusing more on energy-saving innovations and Engineering Procurement Contract (EPC).

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