Convening the AGM 1/2008 and dividend payment
SET007/2008
March 25, 2008
Subject : To report the resolution of the Board of Directors' Meeting, session. 2/2008
To : President The Stock Exchange of Thailand
The Board of Directors' Meeting, session 2/2008 of SVI Public Company Limited held on March 25, 2008, at 10.20 a.m., at Board Room, 29th.Floor, Pacific City Club, 142 Sukhumvit Road, Bangkok, has resolved the followings:
1. Approved the allocation of profit and declaration of dividend for the operating result of the fiscal year 2007 per the following details.
Dividend per share has been approved at 0.06 Baht. The payment of dividend is scheduled on May 29, 2008.
Shareholder Registration closed for Dividend Right on May 9, 2008 at 12.00 noon.
2. Approved the election of directors in substitution of retiring Directors. Mr. Threekwan Bunnag and Mr. Virapan Pulges who are retiring from Directorship by rotation. The Meeting unanimously approved and re-elected Mr. Threekwan Bunnag and Mr. Virapan Pulges to be the Company Directors.
3. Approved the directors' fees and their remuneration for year 2008.
4. Approved the auditor' fees and their remuneration, in which the approval has been considered and recommended by the Audit Committee to appoint Ernst and Young Company Limited to be the Auditor for fiscal year 2008 with the names and CPA license numbers as follow:
1. Ms. Rungnapa Lertsuwankul Certified Public Accountant (Thailand) No. 3516
2. Mrs. Nonglak Pumnoi Certified Public Accountant (Thailand) No. 4172
5. Approved the reduction of the unpaid registered capital of the company due to the remaining unexercised portion of ESOP No. 1 (ESOP-1) for 2,175,000 units which expired on June 26, 2007.
6. Approved the amendment of Clause 4 of the Memorandum of Association of the Company, in compliance with the reduction of the registered capital of the Company in item 5.
7. Approved to set up a Free Trade Zone located at 33/10 Moo. 4 Chaeng Wattana Road, Pakkred Nontaburi.
8. Convening the Annual General Meeting of Shareholders No. 1/2008. The Chairman proposed The Annual General Meeting of Shareholder No. 1/2008 to be convened at 9:30 a.m., on April 30, 2008, at Grand Miracle Hotel, Venus Room, 99 Vibhavadi-Rangsit Road, Laksi, Don Muang, Bangkok 10210. The matters to transact at the meeting are:
1. To certify the Minutes of the Annual General Meeting of Shareholders No. 1/2007.
2. To acknowledge the report of the Company's operating result for the year 2007.
3. To consider and approve the company audited financial statement for the year ended December 31, 2007.
4. To consider and approve the allocation of profit and declaration of dividend for year 2007.
5. To consider and approve the election of directors in substitution of retiring Directors.
6. To consider and approve the directors' fee and their remuneration for year 2008.
7. To consider and approve the auditor' fees and their remuneration for year 2008.
8. To consider and approve the reduction of the unpaid registered capital of the company due to the remaining unexercised portion of ESOP No. 1 (ESOP-1) for 2,175,000 units which expired on June 26, 2007.
9. To consider and approve 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 Item 8.
10. To consider other business (if any).
The Company will close the share Register Book for eligible shareholders being exercise the right to attend the Annual General Meeting of Shareholders, on April 9, 2008 at 12:00 a.m. until the meeting is adjourned.
We, therefore, inform you of the above for your acknowledgment and dissemination to the public and other investors.
Yours faithfully,
(Ms. Pissamai Saibua)
Chief Financial Officer
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