Bangkok--25 Apr--IRPC
IRPC Plc. pays its shareholders 0.12 baht apiece dividend or a total of 2.340 billion baht with the general shareholders meeting also approving the establishment 400 million baht reserve fund and the appointment of seven board members.
IRPC Public Company Limited CEO Dr. Piti Yimprasert said today the general shareholders meeting held on Friday April 20, 2007 approved the payment of 2.340 billion baht as dividends from the company’s net profit in the 2006 financial year at the rate of 0.12 baht apiece. The meeting also approved the closure of the share register at noon on April 30, 2007 with dividends to be disbursed on May 18, 2007. It was also agreed that 400 million baht be set aside as company’s reserve capital.
This is IRPC’s the first dividend payment in seven years because the company, a leading integrated refinery and manufacturer of petrochemicals, undertook extensive business reorganization for a long stretch. However, the company has recorded approximately 6.822 billion baht in net profit after tax in the 2006 financial year with this ensuring sufficient cash flow for this payment.
The general shareholders meeting also approved the appointment seven directors with newcomers being Mr. Ganapot Asvinvichit, Gen. Woradej Phumichitr, Mrs. Jantima Sirisaengtaksin, Mr.Tienchai Chongpeerapieng and Mr. Chaivat Churitti. Mr. Rutt Phanijpand and Dr. Piti Yimprasert will remain board members for another term.
For more information, please contact :
Thaveesak Dejakaisaya
IRPC Public Company Limited
Tel. 02-649-7963