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Investors’ Corner
Q 1. How can I find out the number of shares I currently hold?
A There are two methods that you may use to come about this information:
  1. In the case that you have a Scriptless Account with a broker, you may check the number of shares you currently own via your broker.
  2. In the case that you have a share certificate, you may check the amount of shares you currently own with the Thailand Securities Depository Co., Ltd. (TSD) according to the contact information revealed below.
Q 2. How do I transfer my shares?
A In the case that you would like to transfer your shares to others, you may submit an application for transfer via your broker or at the Registrar's Office at TSD with the following documents:
  1. Application for Registration of Securities Transfer form approved by the Registrar's Office at TSD.
  2. The share certificate that would be transferred, signed by the transferor and the transferee on the back each certificate.
  3. Other documents that may be necessary on a case by case basis (please see TSD's list of required documents).
In that
  1. The transferor has signed his/her name in the box labeled "Transferor".
  2. The transferee has signed his/her name in the box labeled "Transferee".
  3. The transferee has filled out the Application for Registration of Securities Transfer form, both the transferor's and the transferee's name are on the shares, and along with the signed copies of their National Identification Cards.
Q 3. Does the transferor or the transferee have to come in person? How can they designate another person to do the processing on their behalf?
A The transferor or the transferee does not need to come in person.  They may designate another person to do the processing on their behalf. In that case, the authorized person must bring:
  1. A document from an Attorney at Law indicating the responsibilities to be authorized and must be valid not more than one year until the submission date of the document.
  2. If that document is a copy, the authorized person has to sign and certify the letter and provide a letter of indemnity as prescribed by the TSD.
Q 4. What should I do if I lost the dividend check or the share certificate?
A Please contact the Registrar's Office at TSD for information regarding the dividend check or the share certificate and file a Police Report with the details. Afterwards, please present to TSD the Police Report and the required documents in order to reissue you a new check or a new share certificate in the replacement of the lost ones. The required documents are:
  1. Application for Issuance of New Cheque in Replacement of Lost Cheque
  2. The Police Report, revealing the following: the investor's name, the share certificate number, and the amount of shares. These information may be found at TSD Tel. 02-229-2888
  3. Other documents that may be necessary on a case by case basis (please see TSD's list of required documents).;
Q 5. If I happen to find a mistake in the dividend/interest check, what should I do?
A You may request the dividend/interest check to be changed at Registrar's Office at TSD according to the address stated below or call Tel. 02-229-2888 with these documents at hand:
  1. Application for Alteration of Particulars in Dividend/Interest Cheque
  2. The original dividend/interest check.
  3. A court order appointing a person to manage the inheritance funds (In case the cheque is payable to the person managing the inheritance funds).
  4. Other documents that may be necessary on a case by case basis (please see TSD's list of required documents).
Q 6. What should I do if my share certificate is damaged?
A In case the existing share certificate is damaged or defaced in the significant areas (only 50% of the significant content remains available for examination purposes), you could request for an issuance of new share certificate in replacement of the damaged ones by presenting the following documents:
  1. An application form for issuance of new share certificate in replacement of the damaged certificate
  2. The damaged share certificate.
  3. Other documents that may be necessary on a case by case basis (please see TSD's list of required documents).
Q 7. How do I retrieve the returned documents (for the dividend/interest check or the share certificate sent by mail)?
A You may check with a TSD officer in regards to the returned documents. If it so happens that the dividend/interest check or the share certificate were sent back to the Registrar's Office at TSD, you can request to get them back by:
  1. Directly contacting TSD.
  2. Authorize another person to act on your behalf.
  3. Mail a request letter.
Additional documents are required. Please refer to TSD’s list of required documents.
Q 8. How do I change my investor's personal information?
A If you wish to change your investor’s personal information (title, first name, last name, nationality, and address), you have to submit an application form for alteration of securities holder information together with other documents specified under the TSD’s list of required documents section. You may contact TSD directly at the location mentioned below during office hours or call Tel: 02-229-2888 during office hours or send in the request and documents through mail. However, for title, first name, and last name changes, the investor must also present the original investor certificate in order for TSD to process a new one containing the new changes.
Note:
  1. In the case that the investor has an account with a broker, s/he may submit the request via their broker.
  2. Changes will take effect at a minimum of 5 days before the closing of the book after the Registrar’s Office at TSD had received the required documents.
  3. The investor’s address must be easily accessible through the mail service and it must not be a Post Office Box.
Q 9. What happens if the investor passes away?
A First, the descendants must present this matter to the courts in order to designate the person managing the inheritance funds. When that person has been authorized, please present the court order and additional documents that are required when contacting the TSD to the Registrar’s Office at TSD according to the address mentioned below or call Tel. 02-229-2888. The list of documents are as follows:
  1. Request for managing the inheritance funds.
  2. A copy of the court order designating the person to manage the inheritance funds.
  3. A copy of the deceased paper with the signature of the person managing the inheritance funds.
  4. A copy of the National Identification Card and the House Registration Certificate belonging to the person managing the inheritance funds and signed by that same person.
  5. A copy of the transferee’s National Identification Card and the House Registration Certificate, with the transferee’s signature.
  6. A copy of 2 witnesses’ National Identification Cards, signed by the cardholders.
  7. The original share certificate, with the signature of the person managing the inheritance funds on the box labelled “Transferor” and the transferee’s signature on the box labelled “Transferee”.
Please send these documents to the Registrar's Office at TSD according to the address provided below for further actions.
Q 10. What should I do if I would like to change the routing number for my depositing account after having already registered for the e-dividend service?
A You may hand in this request for a change in the depositing account along with TSD’s list of required documents and the photocopy of the deposit book associated with the account to your broker, to TSD, or mail it in according to the address mentioned below.
Q 11. To report your annual Personal Income Tax
A 11.1 Income from Dividends
For the shareholders who have residency in the Kingdom of Thailand, the dividends received from BECL will be deducted by 10% for the withholding tax. Shareholders have an option to declare or not to declare their dividend income for their personal tax calculations under the Revenue Department's regulations.

For the period between 2008-2011, BECL pays the Corporate Income Tax at a rate of 25% for the net income not exceeding 300 million baht, and at a rate of 30% for the surplus income.  Individual shareholders may receive tax credit from their dividends according to this calculation

Tax Credit only from Dividend
=
Received Dividend from the net income
which has 25% tax deduction x (25 / (100-25))
+
Received Dividend from the net income
which has 30% tax deduction x (30 / (100-30))

From that, the shareholders may credit their tax by combining their dividend income with their accessible income for tax calculation purposes. After calculating the total amount to be taxed, the shareholder can now deduct Personal Income Tax with the Tax Credit only from Dividend and their ordinary Withholding Tax. The final amount will be the net Personal Income Tax to be submitted to the Revenue Department further. The example is illustrated in next page
Example
Total Dividend in year 2008 =    15,000 Baht   (1)
Withholding Tax of Dividend at a rate of 10% = 1,500 x 10%=1,500 Baht (2)
Net Dividend Received     =  (1) - (2)=13,500  Baht (3)
Dividend from Net Income of year 2008  
Dividend from Net Income with 25% tax deduction =  2,400  Baht  
Dividend from Net Income with 30% tax deduction =  12,600  Baht  
Tax credit from Dividends  
From Net Income with 25% tax deduction =     2,400 x 25/75  
       =      800  Baht  
From Net Income with 30% tax deduction =   12,600 x 30/70  
       =    5,400  Baht  
Total Tax Credit Amount                        =  800 + 5,400 = 6,200  Baht (4)
If, taxable income after deduction of tax allowance = 491,000  Baht (5)
And other Withholding Tax from income               =      36,000  Baht (6)
Income Revenue of Shareholders = (1) + (4) + (5)  = 512,200  Baht (7)
 
Net Income Taxable Amount Tax rates Tax Amount
1 -   150,000  150,000  exempt -
150,001 -   500,000  350,000  10 %  35,000
500,001 -1,000,000  12,200  20 %  2,440
Total Income Tax  37,440 
Total Income Tax = 37,440  Baht  (8)
Withholding Income Tax = (2) + (4) + (6) =        43,700  Baht  (9)
Refundable Tax Amount = (9) – (8)          =        6,260    Baht (10)
Total effective Dividend received = (3) + (10)        =       19,760   Baht  

11.2 Income from Debenture’s Interests
In the case that the bondholder has residency in the Kingdom of Thailand, the interest (from the debenture issued by BECL) received by the bondholders will be withheld at a rate of 15% of their interest earned under the Revenue Department’s regulations. However, the bondholder has two options:

11.2.1 Exclude the interest earned from Debentures and normally pay the Personal Income Tax at a rate between 10-37% (for Income since January 1, 2008) in order to submit to the Revenue Department , or
11.2.2 Include the interest earned from the debentures to other incomes and calculate the tax rate (similar to the way one calculates the tax on commercial banks’ interests). Bondholders can now deduct Personal Income Tax with their Withholding Tax Income. The final amount will be the net personal income tax to be submitted to the Revenue Department further.

Documents Required when contacting the Thailand Securities Depository

  1. Click here for Request Forms

Individual (Thai)

  1. A photocopy of the National Identification Card or,
  2. In case of using other cards, the photocopy of that card must be submitted with the photocopy of the House Registration Certificate as proof of residency.
  3. In case of a change in one’s first name or last name, additional documents noting the changes are required.
  4. A photocopy of the account passbook which shows the name of the bondholder.  

Individual (Foreigner)

  1. A photocopy of the alien book or passport of the investor.

Thai Juristic Person

  1. A photocopy of affidavit issued by the Ministry of Commerce aged not more than 1 year.
  2. A photocopy of the National Identification Card or Passport with the committee authorized to sign on behalf of the juristic person and

Foreign Juristic Person

  1. A photocopy of the evidence proving that the authorized person can act on behalf of the juristic person and an example of the signature of the authorized person which is certified by the Notary Public at the Thai Embassy or Thai Consulate in the country where the juristic person resides. The certified document must be valid not more than 1 year until the submission date of the document.
  2. A photocopy of the passport or the identification of the authorized person.

Minors

  1. In the case of the minor acting as the transferee, minors over 15 years of age can proceed by themselves by enclosing a photocopy of their identification card.
  2. In the case of the minor acting as the transferor, minors under 20 years of age must have their parents or guardian (by law) sign and enclosed with the following documents:
2.1 A photocopy of the Birth Certificate or the House Registration Certificate as proof of residency with the name of the minor shown.
2.2 A photocopy of the National Identification Card of the minors’ parents or the guardian (by law).

Investors may contact their own broker or kindly contact

Equity Registrar's Office for further inquiries.
Thailand Securities Depository (Thailand) Co., Ltd. (TSD)
62 Stock Exchange of Thailand
Ratchadapisek Road, Klong Toey, Bangkok 10110
Tel. 02-229-2800
Fax: 02-359-1259
Call Center: 02-229-2888
Website: http://www.tsd.co.th
Email: contact.tsd@set.or.th

Debenture Registrar’s Office for further inquiries.
Kasikornbank Public Company Limited (KBANK)
Securities Service Department
1 Soi Kasikornthai, Ratburana Road, Bangkok 10140
Tel. 02-470-1987 (automatic)
Website: http://www.kasikornbank.com

For additional inquiries, please contact:
Investor Relations Department
Bangkok Expressway Public Company Limited
Tel. 02-641-4611 ext. 530 or 532
Email: ir@becl.co.th