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35. Provident fund
The Company and its subsidiaries and their employees have jointly established a provident
fund in accordance with the Provident Fund Act B.E. 2530. The Company, its subsidiaries
and their employees each contribute to the fund monthly at the rate of 5 percent to 15 percent
of basic salary. The fund, which is managed by Tisco Master Pooled Registered Provident Fund
and Krungthai Master Pooled Registered Provident Fund, will be paid to employees upon
termination in accordance with the fund rules. During 2020, the Group contributed Baht 13
million and the Company only of Baht 8 million (2019: Baht 13 million and Baht 8 million,
respectively) to the fund.
36. Dividends
Dividends declared for the years ended 31 December 2020 and 2019 consisted of
the following:
Dividend
Dividends Approved by Total dividends per share
(Unit: Million Baht) (Unit: Baht per share)
Final dividends for 2019 Annual General Meeting of the
shareholders on 9 April 2020 267 0.25
Interim dividends for 2020 Board of Directors’ meeting on
14 August 2020 107 0.10
Total dividends for 2020 374 0.35
Final dividends for 2018 Annual General Meeting of the
shareholders on 24 April 2019 181 0.17
Interim dividends for 2019 Board of Directors’ meeting on
14 August 2019 214 0.20
Total dividends for 2019 395 0.37
37. Commitments and contingent liabilities
37.1 Capital commitments
As at 31 December 2020, the subsidiaries had capital commitments of approximately Baht
87 million and VND 21 billion (2019: Baht 68 million and VND 38 billion), relating to the
construction of ready built factories and infrastructure systems.
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