News Detail

Date/Time
26 Apr 2016 19:12:00
Headline
Shareholders meeting's resolution for the year 1/2016
Symbol
MANRIN
Source
MANRIN
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                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.
______________________________________________________________________
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