Seafco Public Company Limited Appoints Siwa Sangmanee as Independent Director; Approves Dividend Policy
At the meeting the shareholders also approved the dividend policy of the company. As per amended policy the company is to make the dividend payment not less than 40% of the earnings after tax and legal reserve if there is no other necessity and such dividend payment has no significant impact on the normal operation of the company. The dividend payment will take various factors into consideration such as operating results, financial position, liquidity, business expansion plan and such dividend payment is required to be approved by the shareholders or the board of directors.