(FINANCIAL YEAR 2015~16)
Myanmar Thilawa SEZ Holdings Public Limited (“MTSH”), hereby release audited consolidated financial statements for the financial year ended March 31, 2016 which is approved by the Company’s Board of Directors at the meeting held on June 28, 2016. MTSH announces that the Company’s Board of Directors resolved at the meeting held on June 28, 2016 the proposed amount of dividend of Ks. 2,500 per ordinary share to be paid for the financial year ended March 31, 2016.
This resolution will be placed on the agenda at the 3rd Annual General Meeting of Shareholders scheduled on September 9, 2016 for the final approval of shareholders. MTSH also announces that the Register of Members of the Company, as identified through the General Shareholders Confirmation provided by the Yangon Stock Exchange (“YSX”), will be closed on July 29, 2016 (the “Record Date”) for the purpose of determining entitlement of shareholders to the proposed dividend. Fixed amount of dividend and payment date will be announced by MTSH after the Annual General Meeting. Total Dividend Paid out is 9732.29Millions.
https://ysx-mm.com
| Event | Date |
|---|---|
| Last Day to Trade | 26 July 2016 |
| Ex-Day | 27July 2016 |
| Record Day | 29 July 2016 |
| Annual General Meeting | 9 September 2016 |
| Dividend Payment Date | To be announced later |
Administrative Director
Ex-dividend date – According to the clearing and settlement Business Regulation of Yangon Stock Exchange which is T+3 settlement, in order to own the share(s) of the company on the record date, the purchase transaction has to be executed on 3 business days before the record date. Thus, the ex-dividend date which is 2 business days before the record date means a shareholder will NOT be eligible to receive the dividend or vote at the AGM if he or she has bought the share(s) on or on and after ex-dividend day.
Record date is the date on which a shareholder holding the share(s) of the Company is eligible to receive the dividend and has the right to vote at the AGM.