Gulf Energy Development Public Company Limited (SET: GULF) has become Kasikornbank Public Company Limited (SET: KBANK)’s fifth largest shareholder after the latest book-closing date.
GULF is now holding 77 million shares of KBANK, representing 3.25% of its paid-up shares. KBANK has announced a dividend and a special dividend payment of THB 8.00 and THB 2.5 per share. Total dividend received could be around THB 808.5 million if GULF holds this stake until the ex-dividend date, which is 17 April for its normal dividend payment and 15 May for the special dividend.
