27 Feb 2020 21:18:00
Set the date of AGM2020 , agenda and suspension of dividend period 2019
Schedule of Shareholders' meeting Subject : Schedule of Annual General Meeting of Shareholders Date of Board resolution : 27-Feb-2020 Shareholder's meeting date : 30-Apr-2020 Beginning time of meeting (h:mm) : 14 : 00 Record date for the right to attend the : 17-Mar-2020 meeting Ex-meeting date : 16-Mar-2020 Significant agenda item : - Omitted dividend payment - Changing the director(s) Venue of the meeting : Chalerm Phrabaramee 50 Building , His Royal Highness Crown Prince Maha Vajiralongkorn Ballroom Remark : -Translation- SET. 005/2020 27 February 2020 Subject: Set the date of Annual General Meeting of Shareholders for the year 2020 and suspension of dividend payment for the operating period in 2019 To: Directors and the Manager The Stock Exchange of Thailand The Board of Director meeting of AQ Estate Public Company Limited No. 2/2020 on Thursday 27 February 2020 has been held at 1st floor head office of AQ square building at 15.00 p.m. which has considered list of information and shall be notified to the Stock Exchange of Thailand as follows. 1. To approve the statement of financial position and statement of comprehensive income for the year 2019 with the operating period of 1 January 2019 ended 31 December 2019 which was audited by a certified public accountant. 2. To approve of bill of exchange (BE) renewal of Planet Energy Holding PTE. Company limited (Planet) in the amount of 1,072.16 million baht for the period from 1 January 2020 to 31 March 2020 with interest rate at 6.50% per year and approve extend the period of short term loan of Krungthai land and development company limited for period 1 January 2020 to 31 March 2020 with interest rate at 6% per year. 3. Set the date of Annual General Meeting of Shareholders for the year 2020 on Thursday 30 April 2020 at 14.00 p.m. at 3rd floor Chalerm Phrabaramee 50 Building, His Royal Highness Crown Prince Maha Vajiralongkorn Ballroom, No. 2 Soi Soonvijai, New Petchburi Road, Bangkapi Subdistrict, Huai Khwang District, Bangkok 10310. 4. Determine list of shareholders who have the right to attend Annual General Meeting on 17 March 2020 (Record date). 5. Set the agenda for Annual General Meeting of Shareholders for the year 2020. The agenda of Annual General Meeting of Shareholders is as follows: 5.1 To consider and certify the minutes of Annual General Meeting of Shareholders No. 1/2019 on 30 April 2019. 5.2 Report on the operations of Company since January 1, 2019, ended 31 December 31, 2019. 5.3 To consider and approve the statements of financial position and statements of comprehensive income for the year 2019 ending 31 December 2019, which have been audited by a certified public accountant. 5.4 To consider and approve the suspension of dividend payment for operating results from 1 January 2019 to 31 December 2019. 5.5 To approve the appointment of 2 replacement directors who retired by rotation which is (1) Mr. A Sachdev (2) Ms. Ranchana Rajatanavin and in accordance with the Public Limited Companies Act, Section 71, paragraph 2 of the Public Limited Company Act BE 2535 which must appoint one-third directors from all of Board of Directors. This year, the company would like to postpone one director who shall complete her term by rotation in 2021 was due to be retired in 2020, another one, namely, Ms. Papatsorn Mongkholmafai by using draw lots. At present, AQ Estate Public Company Limited has 8 directors and 2 directors retired by rotation and 1 director retire prior by rotation in 2019. Total of 3 persons as follows. 5.5.1. Mr. A Sachdev 5.5.2. Ms. Ranchana Rajatanavin 5.5.3. Ms. Papatsorn Mongkholmafai However, the Nomination and Remuneration Committee has considered three directors' qualification which qualified to be appointed as director of company. Therefore, proposed that all 3 directors be re-appointed for another term as follows: No. Director Appointment date Maturity term of 3 years Position 1 Mr. A Sachdev 30 April 2017 April, 2020 Independent Director and Chairman of Audit Committee 2 Ms. Ranchana Rajatanavin 30 April 2017 April, 2020 Executive Director 3 Ms.Papatsorn Mongkholmafai 30 April 2018 April, 2021 Independent Director and Audit Committee 5.6 Consider and approve new board members' appointment. 5.7 Consider and approve the directors' remuneration in accordance with Resolutions of Remuneration and Nomination Committee in an amount not exceeding 3.5 million baht for the year 2020. 5.8 Consider the appointment of auditors and audit fees for the year 2020 Karin Audit Company Limited has 3 auditors as follows. 1. Mr. Jadesada Hungsapruek Registration 3759 or 2. Mr. Jirote Sirirorote Registration 5113 or 3. Ms. Kannika Wipanurat Registration 7305 All three auditors of Karin Audit Company have no relationship or interest with the company, subsidiaries, executives or related persons. (Start auditing for the year 2016-2019, total 4 years). The audit fee amount to 6,300,000 baht for the year 2020, increased in amount of 204,830 baht from 2019, equivalent to 3.36% (audit fee amount to 6,095,170 baht for the year 2019). 5.9 Other agenda (if any). Please be aware and please spread further. Yours Sincerely, (Mr. Suthad Chankingthong) (Ms. Ranchana Rajatanavin) Director Director ______________________________________________________________________ Change of director/Executive 5.6 Consider and approve new board members' appointment. ______________________________________________________________________ Dividend payment / Omitted dividend payment Subject : Omitted dividend payment Date of Board resolution : 27-Feb-2020 Omitted dividend payment from : Operating period from 01-Jan-2019 to 31-Dec-2019 Remark : 5.4 To consider and approve the suspension of dividend payment for operating results from 1 January 2019 to 31 December 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.