Master Ad Public Company Limited or MACO, led by Miss Tamonwan Narintavanich, the Acting Chief Executive Officer of MACO held an Annual Ordinary Shareholder Meeting for 2022 via E-AGM under the Emergency Decree on the meeting via electronic media B.E 2020. The meeting resolved that the dividend would not be paid for the performance in the years 2021/22 of the accounting period ending as of 31 March 2022 due to the uncertainty of the COVID-19 epidemic situation. However, the company has accelerated its strategy to be able to return to generate returns for all stakeholders as in the past.
Moreover, the meeting also resolved to approve issuing and allocating of the warrants to buy ordinary shares of the Company for the third time (MACO-W4) at the amount not exceeding 2,029,493,030 units at no cost to existing shareholders in proportion to their respective shareholdings (Rights Offering), at the allocation ratio of 0.10 baht of the MACO-WA Warrants.
However, the Company is ready to deal with all the challenges that will come in the future and adapt promptly to every new opportunity that the Company receives and, heads its business in a direction with full potential.
