News Detail

Date/Time
24 Feb 2017 18:27:00
Headline
Determination of the Date of AGM for the Year 2017 and Omit dividend payment
Symbol
HYDRO
Source
HYDRO
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                Dividend consideration

Subject                                  : Omit dividend payment
Date of Board resolution                 : 24-Feb-2017
Omitted dividend payment from            :
    Operating period from 01-Jan-2016 to 31-Dec-2016
______________________________________________________________________

Meeting schedule of securities holders

Subject                                  : Schedule of Annual General Meeting of
 Shareholders
Date of Board resolution                 : 24-Feb-2017
Meeting date                             : 28-Apr-2017
Beginning time of meeting (h:mm)         : 14 : 00
Record date for the right to attend the  : 14-Mar-2017
meeting
Book closing date for collecting holders : 15-Mar-2017
 names under Section 225 of the 
Securities and Exchange Act
Ex-meeting date                          : 10-Mar-2017
Significant agenda item                  :
  - Omitted dividend payment
Venue of the meeting                     : at Meeting Room, 25th Floor of TP&T 
Building, No. 1, Soi Vibhavadi Rangsit 19, Vibhavadi Rangsit Road, Chatuchak
Sub-District, Chatuchak District, Bangkok 10900
Remark                                   :
(Translation)
No. 021/0260    24 February 2017
Subject:    Determination of the Date of the Annual General Meeting of Shareholders
 for the Year 2017
To:    The President
    The Stock Exchange of Thailand
The Board of the Directors' Meeting No. 2/2017 which was held on 24 February 
2017 has passed the important resolutions which can be summarized as follows:
1.    Approved the balance sheet and the profit and loss statements for the fiscal 
year ended 31 December 2016 which were audited by the Company's auditor, and
this matter will be proposed to the shareholders' meeting for further
consideration and approval.
2.    Approved not to appropriate the net profit as legal reserve and omit the 
dividend payment for the operating results of the year 2016, and this matter
will be proposed to the shareholders' meeting for further consideration and
approval.
3.    Approved the election of diectors who retire by rotation
o    First, Mr. Danai Amornpatchara is to be director of the Company for another 
term, and this matter will be proposed to the shareholders' meeting for further
consideration and approval
o    Second, Mr. Paitoon Goserakwong  resigned as a director on 5 January 2017 and 
the Board of Directors will consider to propose the replacement of director
later.
4.    Determined the remuneration of the directors for the year 2017 as same as the
 year 2016 with the details as follows:
    Year 2017
(proposed at this Meeting)    Year 2016
1.    Monthly Salary        
Chairman of the Board of Directors and Directors    Baht 30,000     per month    Baht 
30,000     per month
Chairman of the Audit Committee and Directors    Baht 30,000     per month    Baht 30,000
     per month
Member of the Audit Committee and Directors    Baht 20,000     per month per 
person    Baht 20,000     per month per person
Directors    Baht 15,000     per month per person    Baht 15,000     per month per person
2.    Meeting Allowance (For non-executive directors only)
Chairman of the Nomination and Remuneration Committee    Baht 10,000     per 
attendance    Baht 10,000     per attendance
Chairman of the Risk Management Committee    Baht 10,000     per attendance    Baht 
10,000     per attendance
Member of the Nomination and Remuneration Committee    Baht   5,000     per 
attendance    Baht   5,000     per attendance
Member of the Risk Management Committee    Baht   5,000     per attendance    Baht   
5,000     per attendance
3.    Special Remuneration or Bonus    Consider from performance and will only be paid
to non-executive directors    Consider from performance and will only be paid to
non-executive directors
4.    Other Benefits    None    None
And proposed to the shareholders' meeting to authorize the Nomination and 
Remuneration Committee to have the power to determine the details in relation to
 the amount of remuneration each director will receive.

This matter will be proposed to the shareholders' meeting for further 
consideration and approval
5.    Approved the appointment of Ms. Susan Eiamvanicha, Certified Public 
Accountant No. 4306 and/or Mr. Suchat Panichjaroen, Certified Public Accountant
No. 4475 and/or Miss Chuenta Chommaen, Certified Public Accountant No. 7570
and/or Miss Wandee Eiamvanicha, Certified Public Accountant No. 8210 and/or Miss
Yuphin Chumjai,  Certified Public Accountant No. 8622 and/or Mr. Kiattisak
Wanithanont, Certified Public Accountant No. 9922 of SP Audit Company Limited to
be the auditors of the Company for the fiscal year ended 31 December 2017. In
the case where the above auditors cannot perform their duties, SP Audit Company
Limited will provide other certified public accountants for the Company and the
determination of their remuneration to be Baht 1,448,000.  This matter will be
proposed to the shareholders' meeting for further consideration and approval.
6.    Determined the date of the Annual General Meeting of Shareholders for the 
Year 2017 to be on 28 April 2017 at 2.00 p.m., at Meeting Room, 25th Floor of
TP&T Building, No. 1, Soi Vibhavadi Rangsit 19, Vibhavadi Rangsit Road,
Chatuchak Sub-District, Chatuchak District, Bangkok 10900,  to consider the
following agenda:
1.    To consider and adopt the minutes of the Annual General Meeting of 
Shareholders for the Year 2016;
2.    To acknowledge the Report of the Board of Directors regarding the operating 
results of the Company for the year 2016;
3.    To consider and approve the balance sheet and the profit and loss statements 
for the fiscal year ended 31 December 2016;
4.    To consider and approve not to appropriate the net profit as legal reserve 
and omit the dividend payment for the operating results of the year 2016;
5.    To consider and approve the election of directors who retire by rotation;
6.    To consider and approve the determination of the remuneration of the 
directors for the year 2017;
7.    To consider and approve the appointment of the auditors and the determination
 of the remuneration of the auditors for the year 2017;
8.    To consider other matters (if any).
7.    Determined the date on which the recorded shareholders have the right to 
attend the Annual General Meeting of Shareholders for the Year 2017 (Record
Date) to be on 14 March 2017, and the closing date on which name list of
shareholders is compiled under Section 225 of the Securities and Exchange Act
B.E. 2535 (1992) (as amended B.E. 2551 (2008)) by closing the share register
book to suspend share transfers to be on 15 March 2017.
8.    Authorized Mr. Slib Soongswang to have the power to amend and/or determine 
the date, time, place and agenda for the Annual General Meeting of Shareholders
for the Year 2017 as deemed appropriate.



Please be informed accordingly.

Yours sincerely,


-Signature-
(Mr. Slib Soongswang)
Chief Executive Officer
Authorized Signatory
______________________________________________________________________

Change of director/Executive

Approved the election of diectors who retire by rotation
o    First, Mr. Danai Amornpatchara is to be director of the Company for another 
term, and this matter will be proposed to the shareholders' meeting for further
consideration and approval
o    Second, Mr. Paitoon Goserakwong  resigned as a director on 5 January 2017 and 
the Board of Directors will consider to propose the replacement of director
later.
______________________________________________________________________
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