At the Annual General Meeting of the shareholders (AGM) of the Company held on 29 March 2017, the shareholders approved the appropriation of a dividend of Baht 0.70 per share, amounting to Baht 767 million. The dividend was paid to shareholders on 26 April 2017.
On 3 April 2017, the Company received certificates for ISO 9001: 2008 Quality Management System and ISO 22301:2012 Business Continuity Management System (BCMS) for the second consecutive year. These certifications reflect the Company’s management of quality and potential business disruption risk through preventative measures and contingency plans.
TRIS Rating affirmed the Company and senior unsecured debentures’ ratings at “A-” with a “stable” outlook for the fourth consecutive year. TRIS Rating’s decision to reaffirm the Company’s ratings at “A-” for 2017 was based on the strength of the Company’s market position as a leading satellite service provider as well as its financial status, sufficient degree of liquidity, and moderate level of debt.
On 13 September 2016, the Company has partnered with Kantana Group Public company Limited to lead the trend in interactive applications, allowing television programs to engage their viewers in real time, with “Kantana Play” application. The application is designed to deliver a new and fun-filled experience to viewers though their smart devices which will go live in time for audiences to enjoy on The Face Thailand Season 3. This smart device application is a trend of broadcast industry’s future which viewers can access to additional program-related content and personally invest in programs through their smartphones, tablets, or other smart devices.
The Company received a corporate governance rating of excellent, or 5 stars, for the fifth year in a row (2013 - 2017) from the Stock Exchange of Thailand (SET). This recognition is a milestone as the Company works toward sustainable development by adhering to corporate governance (CG) principles and raising the bar for CG practices that promote transparency and consistently create shared value for all stakeholders. The Company has also been selected for the 2017 Thailand Sustainability Investment (THSI) list based on SET’s annual sustainability assessment. This recognition-awarded to the Company for the third consecutive year-reflects a balance of outstanding performance across financial, environmental, social and governance (ESG) dimensions, which are the powerful mechanisms for sustainable development.
At the Extra-Ordinary General Meeting of Shareholders (EGM) No. 1/2017 on 30 November 2017, the shareholders approved the sale of all ordinary shares that DTV Service Company Limited (DTV), a subsidiary of the Company, held in CS Loxinfo Public Company Limited (CSL)-a total of 250,099,990 shares or equivalent to 42.07% of all the total issued and paid-up shares of CSL-to Advanced Wireless Network Co., Ltd. (AWN), which is a subsidiary of Advanced Info Service Public Company Limited (AIS), at the offering price of Baht 7.80 per share, totaling Baht 1,950.78 million. The sale of the ordinary shares of CSL will commence upon the making of the Conditional Voluntary Tender Offer by AWN.