Bangkok--1 Oct--Thai Union Frozen
TUF directors approved a dividend of 0.26 baht per share for the three month period ending September 30. The dividend is tax exempted and would be paid on October 21, 2010.
Thai Union Frozen Products PCL (TUF), Thailand’s leading producer and exporter of canned and frozen seafood products, revealed that the board of directors approved on Thursday (September 30, 2010) to pay a extra dividend of 0.26 baht per share for the 3-month period from July 1 to September 30, 2010. This dividend would also be tax-exempted, thanks to the tax privilege granted by the Board of Investment (BOI).
The decision is a result of the upcoming expiration of a BOI tax privilege package on October 21, 2010. Paying this extra dividend for the quarter instead of the usual 6 half year cycle (July 1 — December 31, 2010) would allow TUF shareholders to benefit from this tax privilege. Therefore the board of directors had elected to provide shareholders with this extra dividend.
TUF has set the book closing date on October 14, 2010, and the dividend payout date on October 21, 2010.
For more information please contact:
Corporate Communications Division, Thai Union Frozen Products PCL
Telephone: 0-2980-0024 Ext. 675-678
Facsimile: 0-2980-0024 Ext. 679