Refer No. 016 SET
July 28, 2009
Subject: New Managing Director appointment, Audit Committee appointment
and Independent Financial Advisor appointment
The Stock Exchange of Thailand
Goodyear (Thailand) Public Company Limited would like to inform that the
Board of Directors, in its meeting No. 4/2009 held on July 27, 2009 has the
1. To appoint Mr. Kongkiat Teekamongkol, Director, to be the Managing
Director effective from July 1, 2009.
2. To acknowledge the resignation from being the Independent Director of
Mrs. Brenda Sue Bence, effective from July 9, 2009. The Company registered
for alteration of director on July 10, 2009. Apart from the resignation
from being the Independent Director of Mrs. Brenda Sue Bence, it causes the
vacancy of Audit Committee member. The meeting of the Board, therefore,
appoints Mr. Yeap Swee Chuan, Independent Director, to be the Audit Committee
member in lieu of Mrs. Brenda Sue Bence, effective as from July 27, 2009.
The Audit Committee of the Compare is composed of
(1) Mr. Athaporn Khaimarn, Chairman of the Audit Committee/Independent
(2) Mr. Kenneth Lee White, Audit Committee/Independent Director
(3) Mr. Yeap Swee Chuan Audit Committee/Independent Director
3. To appoint the Independent Financial Advisor (Capital Plus Advisory Co.,
Ltd.) to give an opinion, rationale, estimates and other factors for the
consideration of a renewal of loan for 3-year period of USD 10 Million in
aggregate between the Company and Goodyear Orient Company (Private) Limited.
Above is for your information.
Mr. Suwat Tirawatnangkoon