27 Feb 2017 22:02:00
BOD resolution,operational results,omit dividend payment, par value changing and 2017 AGM
Meeting schedule of securities holders Subject : Schedule of Annual General Meeting of Shareholders Date of Board resolution : 27-Feb-2017 Meeting date : 25-Apr-2017 Beginning time of meeting (h:mm) : 09 : 00 Record date for the right to attend the : 15-Mar-2017 meeting Book closing date for collecting holders : 16-Mar-2017 names under Section 225 of the Securities and Exchange Act Ex-meeting date : 13-Mar-2017 Significant agenda item : - Omitted dividend payment - Change of par value - Session 1 Matter to be informed Session 2 Consider for the approval of 2016 Minute of Annual General Meeting of Shareholders, held on 21 April 2016 Session 3 Consider for the approval of 2016 operation results Session 4 Consider for the approval of the financial statements for the year ended 31 December 2016 Session 5 Consider for the approval of 2016 Net Profits' allocation Session 6 Consider for the approval of change in par value of common stock from Baht 1 each to Baht 0.50 each Session 7 Consider for the approval of amendment of the Memorandum of Association No. 4 according to the change of par value of common stock Session 8 Consider for the appointment of the committee who completed the tem of retirement Session 9 Consider for the appointment of new directors as Audit Committee Session 10 Consider for the approval of stipulation the director's authority Session 11 Consider for the approval of directors' remuneration Session 12 Consider for the approval of the appointment of the Auditor and settle 2017 audit fee Session 13 Consider for the approval of the Prohibitive Actions of Business Domination by Foreigner Session 14 Consider for others Venue of the meeting : Grand Suvanabhumi, No. 48 Interlink Building, Ratchadapisek Road, Huay Khwang, Bangkok Remark : Approved to set up the date of Annual General Meeting of Shareholders for 2017 to be on April 25, 2017 at 9.00 a.m. at Grand Suvanabhumi, No. 48 Interlink Building, Ratchadapisek Road, Huay Khwang, Bangkok. The names of shareholders to attend the AGM 2017 will be specified on March 15, 2017, by the section 225 in Securities and Exchange Act, the names of shareholders will be complied by closing the shareholders registration book on March 16, 2017. ______________________________________________________________________ Dividend consideration Subject : Omit dividend payment Date of Board resolution : 27-Feb-2017 Omitted dividend payment from : Operating period from 01-Jan-2016 to 31-Dec-2016 Remark : To approve the exempt of dividend payment from 2016 net income because the Company is still during startup period and has low operation cash flow. In addition, the Company still needs funding in order to expand and improve the fiber optic network as well as use in operation. However, there is uncertainty according to the exempt of dividend payment from 2016 net because it has yet to be approved by the Company's Annual General Meeting of the Shareholders. ______________________________________________________________________ Changing the Par Value Subject : Splitting the par value Date of Board resolution : 27-Feb-2017 Old par value (baht per share) : 1.00 New par value (baht per share) : 0.50 Remark : The reason for changing in the par value is to increase the liquidity of stocks that are traded in the market. ______________________________________________________________________ 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. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.