MFEC Public Company Limited or MFEC had organized the Annual General Meeting 1/2021

MFEC Public Company Limited or MFEC had organized the Annual General Meeting 1/2021 to report the company’s performance and profits to shareholders according to the meeting’s agenda

Mr. Sirisak Tirawattanangkul, President (Chairman of the meeting), Mr. Siriwat Vongjarukorn, Chief Executive Officer, Mr. Thanakorn Charlee, Chief Operating Officer, and board of directors at 23rd Floor, 349 SJ Infinite One Business Complex, Vibhavadi-Rangsit Rd., Chompol, Chatujak, Bangkok.

The meeting was held in a form of E-Meeting to prevent the risk of Covid-19. In the meeting, dividend payment for the 2020 operation was approved of 0.40 baht/share which was scheduled to be paid on the 21st of May 2021. In addition, business strategies for the year of 2021 were introduced to enhance confidence among shareholders.

2 important strategies for 2021 mentioned in the meeting were
1. Maximize customer’s IT investment: the company will focus on advocating customers to invest in technology rather than selling products.
2. Reduce cost of service: the company will reduce the service cost to help customers during the pandemic Covid-19 by hiring roughly 500 employees to efficiently serve all customers.

Therefore, MFEC Public Company Limited or MFEC plans to achieve a growth rate of 15% every year from 2021-2023 by expanding its market to public sectors to reinforce digital transformation and provide excellent services for Thai citizens.