Post by account_disabled on Feb 28, 2024 5:32:43 GMT
STGT starts trading at new par on January 5th, supporting increased liquidity and expanding the investor base both domestically. and abroad in 2021, prepare to pay interim dividends every quarter. Sri Trang Gloves (Thailand) Public Company Limited or STGT D-Day on January 5th will start trading stocks at new par. Supporting increased trading liquidity on the board and expanding the investor base both domestically and abroad. Ready to adjust the dividend payment policy to not less than 50 percent of net profits from the separate financial statements. From before not less than 30 percent of the net profit from the separate financial statements. In 2021, prepare to pay interim dividends every quarter in June. September and December Ms. Charinya Jirojkul, President of Sri Trang Gloves (Thailand) Public Company Limited or STGT, the world's largest producer and distributor of natural rubber gloves and nitrile rubber gloves, revealed that from the 5th January 2021 onwards, the Company will begin trading shares on the Stock Exchange of Thailand at the new par price.
After receiving unanimous approval from shareholders at the Extraordinary Portugal Phone Number General Meeting of Shareholders No. 1/2020 on December 25, 2020, to change the par value (par) from 1 baht per share to The par value of the shares is 0.50 baht per share, which will result in STGT shares increasing to 2,869.56 million shares from the original 1,434.78 million shares and will be beneficial to the company. and shareholders from the change in the par value of shares It is expected that it will have a positive effect on increasing the liquidity of trading in the Company's shares. This is because investors will use the minimum investment amount per stock purchase each time reduced. This will be beneficial to those interested in investing in STGT shares and have a positive effect on increasing the number of shareholders. Including creating interest among foreign institutional investors who consider the liquidity of each company's stock trading as one of the criteria for deciding to invest.
In addition, it will also cause the company's share price to increase. Comparable to the share prices of leading rubber glove manufacturers in Malaysia. which is listed on the Malaysian Stock Exchange (KLSE) and the Singapore Stock Exchange (SGX), which will increase interest and attract foreign investors to invest in STGT shares listed on the Stock Exchange of Thailand. In this regard, the Company has also changed the policy of paying dividends to shareholders to be not less than 50 percent of net profits according to the separate financial statements. From before not less than 30 percent of net profit according to the separate financial statements and in 2021 there is a policy to pay interim dividends every quarter in June. September and December However, the Board of Directors May review dividend payment policy as deemed appropriate. While the progress of listing STGT shares for trading on the Stock Exchange of Singapore (Secondary Listing by way of Introduction) on the Main Board is currently in the process of submitting documents for consideration.
After receiving unanimous approval from shareholders at the Extraordinary Portugal Phone Number General Meeting of Shareholders No. 1/2020 on December 25, 2020, to change the par value (par) from 1 baht per share to The par value of the shares is 0.50 baht per share, which will result in STGT shares increasing to 2,869.56 million shares from the original 1,434.78 million shares and will be beneficial to the company. and shareholders from the change in the par value of shares It is expected that it will have a positive effect on increasing the liquidity of trading in the Company's shares. This is because investors will use the minimum investment amount per stock purchase each time reduced. This will be beneficial to those interested in investing in STGT shares and have a positive effect on increasing the number of shareholders. Including creating interest among foreign institutional investors who consider the liquidity of each company's stock trading as one of the criteria for deciding to invest.
In addition, it will also cause the company's share price to increase. Comparable to the share prices of leading rubber glove manufacturers in Malaysia. which is listed on the Malaysian Stock Exchange (KLSE) and the Singapore Stock Exchange (SGX), which will increase interest and attract foreign investors to invest in STGT shares listed on the Stock Exchange of Thailand. In this regard, the Company has also changed the policy of paying dividends to shareholders to be not less than 50 percent of net profits according to the separate financial statements. From before not less than 30 percent of net profit according to the separate financial statements and in 2021 there is a policy to pay interim dividends every quarter in June. September and December However, the Board of Directors May review dividend payment policy as deemed appropriate. While the progress of listing STGT shares for trading on the Stock Exchange of Singapore (Secondary Listing by way of Introduction) on the Main Board is currently in the process of submitting documents for consideration.