Report the AGM of the Shareholders No.1/2007
SET008/2007
April 26, 2007
Subject : Report the Annual General Meeting of the Shareholders No. 1/2007
To : President The Stock Exchange of Thailand
The Annual General Meeting of the Shareholders No. 1/2007 was held on April 26, 2007 at 10:00 am., Magic Room 1, Grand Miracle Hotel, 99 Vibhavadi-Rangsit Road, Laksi, Don Muang, Bangkok 10210 has resolved the followings:
1. Certified the Minutes of the Extraordinary General Meeting of Shareholders No. 1/2006.
2. Acknowledged the report of the Company's operating result and the Annual Report for the Year 2006.
3. Approved the company audited financial statement for the year ended December 31, 2006.
4. Approved the allocation of profit and declaration of dividend for the fiscal year ended 31 December 2006. Approved to pay dividend at Baht 0.60 per share at share value of 10 Baht/common share, the schedule for payment is May 25, 2007. Shareholder Registration closed for Dividend Right on April 5, 2007 at 12.00 noon.
5. Approved Dr. Pruchya Piumsomboon reappointed to be the director for another term, and approved the appointment of Dr. Suvarn Valaisathien to be a Chairman of the Board of Directors replacing General Tianchai Sirisumpan until the Board appoints a new Chairman. The annual Director's fees and remuneration of Year 2007 should be maintained at the same level of previous year, at the amount that should not be exceeding Baht 5,000,000 (Five Million Baht).
6. Approved anyone of
1. Mr. Sophon Permsirivallop, CPA license No. 3182 or
2. Ms. Rungnapa Lertsuwankul, CPA license No. 3516
from Ernst & Young Office Limited be appointed as the auditors of the Company for the operating of year 2007 with the total audit fee of Baht 1,360,000 (Baht : One million three hundred and sixty thousand only) excluding the out-of-pocket expenses and special audit fee for the privileges of corporate income tax exemption report in the amount not exceeding Baht 300,000 (Baht : Three hundred thousand only).
7. Approved the reduction of the registered capital of the Company in respect to the cancellation of ESOP 1 warrants of 75,000 units due to director retired by rotation and ESOP 4 warrants of 225,000 units due to the resignation of employee, the reduction of the registered capital of the Company from Baht 1,864,078,070 (Baht: One thousand eight hundred sixty-four million seventy-eight thousand and seventy) to Baht 1,861,078,070 (Baht : One thousand eight hundred sixty-one million seventy-eight thousand and seventy), by cancellation of 300,000 (Three hundred thousand) unpaid registered shares.
8. Approved the amendment to Clause 4 of the Memorandum of Association of the Company, in compliance with the reduction of the registered capital of the Company in Agenda 7.
9. Approved the revise of the Company's par value from Baht 10 to Baht 1 per share.
10. Approved the amendment of Clause 4 of the Memorandum of Association of the Company, in compliance with the revise of par value in Agenda 9.
11. Approved the amendment of Bor Mor Jor. 005 Clause 2, in compliance with the revise of par value in Agenda 9.
12. Approved the amendment of Company's Article of Association item 4 paragraph 1, in compliance with the revise of par value in Agenda 9.
13. Approved the amendment of Company's Article of Association item 6 paragraph 2.
From "In case, if the company has assigned The Stock Exchange of Thailand be the company's stock registrar. The procedures in relation to the company's registration have to be complied with registrar's requirement."
To "In case, if the company has assigned Thailand Securities Depository Co., Ltd. be the company's stock registrar. The procedures in relation to the company's registration have to be complied with registrar's requirement."
We, therefore, inform you of the above for your acknowledgment and dissemination to the public and other investors.
Yours faithfully,
(Mrs. Pissamai Saibua)
Chief Financial Officer
