News Detail
Date/Time
26 Apr 2016 19:12:00
Headline
Shareholders meeting's resolution for the year 1/2016
Symbol
MANRIN
Source
MANRIN
Full Detailed News
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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