Dividend Policy & Payment
Alpha Divisions Public Company Limited (“the Company”) Dividend Payment Policy. The Company has a policy to pay dividends at a rate of not less than 40% of net profit after corporate income tax, as per the Company's financial statements, and after deducting legal reserves as stipulated in the Company's Articles of Association.
However, the dividend payment may be subject to change depending on the Company's performance, financial position, liquidity, investment plans, and other relevant management considerations, as well as future necessities and appropriateness. The authority to determine dividend payments rests with the Board of Directors.
Any resolution by the Board of Directors approving a dividend payment must be proposed for consideration at the shareholders' meeting, except in the case of an interim dividend payment, which the Board of Directors has the authority to approve. In such cases, the shareholders shall be informed at the next shareholders' meeting.
