MCOT Plc. has the policy of dividend payment for not less than 40 percent of the net profit after the deduction of all reserves required. However, such dividend payment must depend on the investment plan, necessities, and other matters as appropriate in the future. The resolution of the Board of Directors which approves the dividend payment must be proposed to the shareholders’ meeting for approval, except the interim dividend payment that the Board of Directors shall have the power to approve such payment before reporting such in the next shareholders’ meeting
Based on these principles, MCOT’s corporate governance policy has been formulated and implemented to promote transparency, efficiency and responsibility towards all stakeholders. MCOT also ensured its employees at all levels are positive in embracing the good corporate governance principles in designing business strategies and plans to enhance operational efficiency and effectiveness, which will support sustainable growth and add long-term value to investors. MCOT Plc. has published the corporate governance policy, regulations on moral and ethics, and the MCOT Code of Conduct within the organization and on the Company’s website as follows: