Asiasoft Corporation Public Company Limited (the “Company” has a Board of Directors meeting. No. 1/2022 on February 25, 2022, the Company would like to notify the resolutions of important Board of Directors meeting.
with approval to enter into a memorandum of understanding regarding the joint establishment of a joint venture company with the Company BitCapital Group Holdings Co., Ltd., with the objective of joint investment to develop a fully integrated ecosystem for Blockchain Gaming.
for supporting various games in the original business model (Conventional Game) to be able to change the business model to Hybrid GameFi
The company would like to inform you that the implementation of the aforementioned cooperation agreement is not considered a joint venture. If there is any clarity, the company will continue to report progress through the system of the Stock Exchange of Thailand.
In addition, the Board has approved to propose to the 2022 Annual General Meeting to consider the allocation of net profit for the year 2021 and dividend payment. because the company Has net profit for the year 2021 in the amount of 420,258,446 baht.
The net profit was allocated as legal reserve in the amount of 19,468,663 baht, with cash dividends at the rate of 0.70 baht per share, or an approximate amount. 306,822,869.90 baht, representing approximately 76.5 percent of the company’s net profit. (According to the company’s financial statements) after corporate income tax deduction legal reserve and other necessary reserves
This is in line with the company’s dividend payment policy. Dividends are subject to withholding tax at the rate stipulated by law. But by the meeting of the Board of Directors It was resolved to approve the payment of interim dividends to shareholders on September 10, 2021 at the rate of 0.40 baht per share, representing the total amount. 169.,900,889.60 baht
The remaining dividends to be paid additionally to the shareholders at 0.30 baht per share, representing the total amount. 136,921,980.30 baht
However, the allocation of profit for dividend payment above is uncertain. Because it has to wait for approval from the 2022 Annual General Meeting of Shareholders first.
Determine the list of shareholders who are entitled to receive the dividend (Record Date) on March 14, 2022 and the dividend payment date to the shareholders on May 9, 2022.