How may shareholders whose shares are held by the CDP attend shareholders meetings in Thailand ?
If any investor wishes to attend a shareholders’ meeting in Thailand personally, their shares held by the CDP must be transferred to register in their name with the Thailand Securities Depository (TSD) in Thailand, for which they must pay stamp duty of 0.001%1 of the value of the shares on that date2 . This process may take from two to three weeks and must be completed before ThaiBev closes its share register. The book closure date is usually announced two weeks in advance. If, after the shareholders’ meeting the shareholder wishes to transfer the shares back to the CDP, in order to trade them in future, the transfer will require another payment of stamp duty of 0.1% of the value of the shares and may take two or three weeks to complete.
