BCPG Announces Interim Dividend and Asset Transaction for 2 Japan Solar Power Projects with Infrastructure Fund
BCPG Public Company Limited announced the interim dividend payment of 0.16 baht per share, with XD (Exclude Dividend) sign posted on 5 June 2018, and dividend payment date set for 15 June 2018.
The Company’s Board of Directors meeting on 22 May approved the interim dividend payment to the shareholders from the net profit in Q1/2018 at the rate of 0.16 baht per share, which is equal to approximately 320 million baht in total.
The Record Date whereby the list of shareholders who are entitled to dividend payment is set for 6 June 2018, while the XD (Exclude Dividend) sign will be posted on 5 June 2018 and the dividend payment date is scheduled for 15 June 2018.
In addition, The Company’s Board of Directors meeting on the same day granted approval on the asset transaction plan for two solar power plants in Japan with a total production capacity of 27.6 MW, Nikaho project (13.2 MW) and Nagi project (14.4 MW), with an Infrastructure Fund in Japan. “This is to bring future cash flow for investment in new projects and to maximize the benefits for the Company and shareholders. The transaction will depend on the success of the terms and conditions and pricing agreement. More information will be provided upon availabilty”, said Mr. Bundit Sapianchai, BCPG President.