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g steel pcl-nvdr (GSTEEL-R) Details

G Steel Public Company Limited, together with its subsidiaries, manufactures and distributes hot rolled coil steel products in Thailand and internationally. The company’s products are used as raw materials in various downstream industries as cold-rolled coils, galvanized steel, steel pipes, and structural steel products for construction, LPG container, automobile, and electrical appliance, as well as steel furniture industries. It is also involved in the provision of consulting services; and investment activities. The company was founded in 1995 and is headquartered in Bangkok, Thailand. G Steel Public Company Limited is a subsidiary of Superior Overseas (Thailand) Co., Ltd.

Founded in 1995

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g steel pcl-nvdr (GSTEEL-R) Key Developments

G Steel Public Company Limited Announces Consolidated and Company Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

G Steel Public Company Limited announced consolidated and company earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, on consolidated basis, the company announced net loss of THB 266,426,000 or THB 0.0084 per share compared to net profit of THB 8,086,000 or THB 0.0002 per share a year ago. Consolidated revenue from sales was THB 7,188 million compared to THB 3,933 million a year ago. For the nine months, on consolidated basis, the company announced net loss of THB 1,187,585,000 or THB 0.0373 per share compared to THB 807,167,000 or THB 0.0263 per share a year ago. For the quarter, on company basis, the company announced net loss of THB 404,697,000 or THB 0.0127 per share compared to THB 401,126,000 or THB 0.0121 per share a year ago. Consolidated revenue from sales was THB 3,323 million compared to THB 7 million a year ago. For the nine months, on company basis, the company announced net loss of THB 1,257,555,000 or THB 0.0395 per share compared to THB 2,334,642,000 or THB 0.0751 per share a year ago.

G Steel Public Company Limited, Annual General Meeting, Nov 24, 2014

G Steel Public Company Limited, Annual General Meeting, Nov 24, 2014., at 12:00 Indian Standard Time. Location: Arnoma Grand Room, 3rd Floor, Arnoma Hotel. Agenda: To consider and approve the minutes of the extraordinary general meeting of shareholders No. 1/2014 held on 3 April 2014; to consider and acknowledge the company’s 2013 operating results and to approve the statements of financial position and the statements of comprehensive income of the company for the fiscal year ending December 31, 2013; to consider and approve abstention from the distribution of dividends from the company’s 2013 operating results; to consider and approve the re-appointment of directors who have been retired by rotation; to consider and approve the remuneration of the directors for the year 2014; to consider and approve as advised by the management and the financial advisor, the extension and revision on the issuance and offering of the convertible debentures of not exceeding THB 950,000,000; and to consider others.

G Steel Public Company Limited, Board Meeting, Sep 25, 2014

G Steel Public Company Limited, Board Meeting, Sep 25, 2014., at 09:00 Indian Standard Time. Agenda: To consider not to pay dividends for the 2013 and proposed this matter to the AGM for further approval; to approve the re-election of 4 directors; to approve the determination of remuneration of the Board of Directors for 2014 and to propose the matter to the AGM for further approval; to approve of the engagement of the financial advisor to consider whether the issuance and offering of the convertible debentures; and to approve to call and schedule the AGM for the year 2014.

 

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