08 Nov 2018 18:21:00
Signitificant Resolutions Passed at the meeting No. 4/2018 of the Board of Directors of the Company
1. To approve the proposed amendment of structures and responsibilities of the Nomination and Remuneration Committee (" NRC" ) having details as follows: Structure of the NRC 1. The NRC will be selected from Board Members. 2. The NRC shall consist of three members out of which the Chairman of the Committee and one other member must be Independent Directors. 3. The NRC serves for three years per term. Duties and Responsibilities of the NRC 1. The NRC will search, screen and nominate qualified candidates for Independent Directors to the Board of Directors for approval. 2. The NRC will screen candidates nominated by the major shareholders and submit qualified candidates to the Board of Directors for approval. 3. The NRC will establish procedures and criteria for nomination of Directors. 4. The NRC will submit, with opinion, the proposed Director' s Fees as recommended by the Chairman of the Board and Managing Director of the Company to the Board of Directors for considerations prior to formal approval from the Shareholders Meetings. 5. The Chairman of the Board will propose remuneration for the top Management in consultation with the Committee. 6. To perform any other duties delegated by the Board of Directors of the Company. ______________________________________________________________________ Change of director/Executive To appoint Mr. Tamotsu Tamaki as a new managing director to replace the current managing director, Mr. Suchitr Sr ivetbodee who is retiring in 2019, being effective on 1st April 2019. ______________________________________________________________________ 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.