Banpu Power Public Company Limited Approves Interim Dividend for the Company Performance of the Year 2019, Payable on April 28, 2020; Announces Directorship Changes
April 08, 2020 at 01:41 am EDT
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Banpu Power Public Company Limited approved payment of interim dividend for the Company performance of the year 2019 according to the audited financial statements ending December 31, 2019, based on the net profit of the Company at the same rate as previously proposed of THB 0.30 per share, payable from the corporate income tax exempted profit on which shareholders are not entitled to tax credits. The Record Date for specifying the list of shareholders who have the right to receive this dividend was April 10, 2020, and the dividend will be paid on April 28, 2020.
The company also appointed Dr. Kirana Limpaphayom to be a director in replacement of Mr. Sutee Sukruan since he was assigned to responsible for the other assignment according to the Strategic Plan of Banpu Group, which will be effective on April 10, 2020 onwards and he shall retain his office only for the remaining term of Mr. Sutee Sukruan until the 2020 AGM.
Banpu Power Public Company Limited is a Thailand-based power-generating company operating both thermal power and renewable power businesses across the Asia-Pacific region, including Thailand, Lao PDR, China, Japan, Vietnam, Indonesia, Australia and the United States. The Company operates through two segments: Energy Generation and Energy Technology. The Energy Generation segment is engaged in electricity generation, which consists of thermal and renewable energy both domestic and overseas. The Energy Technology segment consists of solar rooftop, electric vehicle, energy storage, and energy management systems. The Company has approximately 42 power plants and projects. The Company has approximately 3161 million watts of electric capacity (MWe) power generation capacity from operational power plants. Its subsidiaries include Banpu Coal Power Ltd., Banpu Power US Corporation, Banpu Power International Limited, and Banpu Power (Japan) Co., Ltd., among others.
Banpu Power Public Company Limited Approves Interim Dividend for the Company Performance of the Year 2019, Payable on April 28, 2020; Announces Directorship Changes