News Detail
Date/Time
26 Apr 2016 19:12:00
Headline
Shareholders meeting's resolution for the year 1/2016
Symbol
MANRIN
Source
MANRIN
Resolution of securities holders Subject : Shareholders meeting's resolution Meeting date : 26-Apr-2016 Meeting's resolution : Accordingly approved with board's resolution Remark : April 26, 2016 Subject: To report on the resolutions of the Annual General Meeting of Shareholders for the year 1/2016 of Mandarin Hotel Public Company Limited Attention: President of the Stock Exchange of Thailand Living Land Capital Public Company Limited has reached a resolution to schedule of the annual General Meeting of shareholders for the year 1/2016 held on April 26, 2016 at 10.00 am at Buddaba Room Floor1,Mandarin Hotel Public Company Limited located on 662 Rama IV Road Bang Rak Bangkok 10500, Thailand, 29 shareholders, in person and by proxies, representing a total of 18,432,121 shares were presented at the Meeting. The shares presented in aggregate were more than one-third of the total shares sold of company's (i.e.: 26,905,580 shares) and thus formed a quorum under Article 35 of company's Articles of Association. The resolutions which have been passed at the meeting are as follows: Agenda 1: To approve the minutes of the Annual General Meeting of shareholders No.1/2015 held on Friday 24 th April 2015. Resolution: The Meeting has passed the resolution, with a majority of votes of the Shareholders attending the meeting and having voting right, approving the Minutes of the Annual General Meeting of shareholders No.1/2015 held on Friday 24 th April 2015. The vote results are as follows: Approval 19,595,621 Votes equal to 100.00 % percent Disapproval - Votes equal to - percent Abstention Votes equal to percent Remark: In this agenda, there were additional shareholders attended the meeting, representing 1,163,500 shares. Agenda 2: To report the company's operating result for the year 2015. Resolution: The Meeting has acknowledged the report on the operating results of 2015, as detailed in the 2015 Annual Report which had been furnished to the shareholders (no voting). Agenda 3: To consider and approve the financial statement of the Company for the year-ended of December 31st, 2015. Resolution: The Meeting has considered the balance sheets and income statements for the year ended December 31, 2015 which have been reviewed and endorsed by the authorized public accountant and the audit committee to the shareholders for consideration, with executive summary as follows: Company Item Amount(Baht) - Total Assets 1,045,299,921.72 - Total Liabilities 588,144,136.26 - Total Revenue 330,046,140.72 - Annual Profit (Loss) (20,883,973.57) - Earnings per Share (0.78) The Meeting has passed the resolution, with a majority of votes of the shareholders attending the meeting and having voting right, approving the Balance Sheets and Income Statements as detailed above. The vote results are as follows: Approval 19,595,708 Votes equal to 100.00 % percent Disapproval - Votes equal to - percent Abstention Votes equal to percent Remark: In this agenda, there were additional shareholders attended the meeting, representing 87 shares. Agenda 4: To consider the Non-payment of Dividend payment for the year-ended of December 31st, 2015. Resolution: The Meeting has passed the resolution, with a majority of votes of the shareholders attending the meeting and having voting right, approving to skip dividend payment for 2015 to the shareholders for consideration during the annual shareholders' meeting. The vote results are as follows: Approval 7,964,239 Votes equal to 100.00 % percent Disapproval - Votes equal to - percent Abstention 11,631,469 Votes equal to percent Remark: In this agenda, there were additional shareholders attended the meeting, representing 0 shares. Agenda 5: To consider and approve the election of directors to replace the 4 directors whose positions are duly expired as follows: Resolution: The Meeting has passed the resolution, with a majority of votes of the shareholders attending the meeting and having voting right, approving whose term is due, as the Board of Directors has already made such consideration equivalent to 4 persons. The vote results are as follows: 1. Mr.VEERASAK SIRIWONGRUNGSON Approval 18,512,036 Votes equal to 100.00 % percent Disapproval - Votes equal to - percent Abstention 1,083,672 Votes equal to percent Remark: In this agenda, there were additional shareholders attended the meeting, representing 0 shares. 2. Ms. SINEE SIRISAMPHAN Approval 19,390,778 Votes equal to 100.00 % percent Disapproval - Votes equal to - percent Abstention 204,930 Votes equal to percent Remark: In this agenda, there were additional shareholders attended the meeting, representing 0 shares. 3. Mr. NATTAPON ASSAWAPOKIN Approval 19,592,708 Votes equal to 100.00 % percent Disapproval - Votes equal to - percent Abstention 3,000 Votes equal to percent Remark: In this agenda, there were additional shareholders attended the meeting, representing 0 shares. 4. Mr. SONGKIAT MATUPAYONT Approval 19,592,608 Votes equal to 99.9995 % percent Disapproval 100 Votes equal to 0.0005 % percent Abstention 3,000 Votes equal to percent Remark: In this agenda, there were additional shareholders attended the meeting, representing 0 shares. Agenda 6: To determine the remuneration of the Company's directors for the year 2016. Resolution: The meeting has passed the resolution of not less than two-thirds of the number of the shareholders present at the meeting disapproved the Board of Directors' remuneration package for 2016 the meeting approve which is at Baht 2,000,000. The vote results are as follows: Approval 7,965,339 Votes equal to 100.00 % percent Disapproval - Votes equal to - percent Abstention 11,631,469 Votes equal to percent Remark: In this agenda, there were additional shareholders attended the meeting, representing 1,100 shares. In this is agenda there are four directors who are the stake holder's do not have right for voting of 11,631,469 shares. Agenda 7: To consider and approve the appointment of the auditor and to determine the auditor's remuneration for the year 2016. Resolution: The meeting has passed the resolution, with a majority of votes of the shareholders attending the meeting and having voting right, approval of appointment of Mrs. Vilairat Rojnakarin C.P.A.no.3104 or Miss Somjintana Polhirunrat C.P.A.no.5599 or Miss Suphaphorn Mangjit C.P.A.no.8125 Auditing, of DIA Office as financial auditors for the Company 2016 and determine the auditor's remuneration for the year 2016 with fee totaling Baht 860,000. The vote results are as follows: Approval 19,596,808 Votes equal to 100.00 % percent Disapproval - Votes equal to - percent Abstention Votes equal to percent Remark: In this agenda, there were additional shareholders attended the meeting, representing 0 shares. Agenda 8: Other matters (If any). (no voting). Please be informed accordingly. ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. 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