Monday, September 16, 2019

MACO set to hand over Bt82m in dividend payments next month

Apr 25. 2019
Mana Jantanayingyong, fifth from left, board chairman for Master Ad Public Company Limited (MACO), and Phoon Chiong Kit, fourth from left, attend the company’s annual general meeting at a hotel in Bangkok.
Mana Jantanayingyong, fifth from left, board chairman for Master Ad Public Company Limited (MACO), and Phoon Chiong Kit, fourth from left, attend the company’s annual general meeting at a hotel in Bangkok.
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By The Nation

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The board of Master Ad Public Company Limited (MACO) approved the payment of over Bt82 million in dividends and has also changed the accounting period related to BTGS Group during its annual general meeting in January.

The dividend payment comes from the operating results as of July 1 to December 31, 2018. The dividends for fiscal year 2018 will be Bt0.02 per share, and with investors holding over 4 billion shares, the amount to be given out on May 17 will total over Bt82 million. 

The meeting also approved changing the accounting period from January 1-December 31 each year to April 1-March 31 for each fiscal year. This move aims to facilitate the preparation of consolidated financial statements within the BTGS Group, comprised of VGI Global Media Public Company Limited and the Bangkok Mass Transit System Public Company Limited.

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