News Detail

Date/Time
24 Apr 2020 17:02:00
Headline
Cancle set the date of AGM2020 , agenda and suspension of dividend period 2019
Symbol
AQ
Source
AQ
Full Detailed News
Download Full Detailed News
                Schedule of Shareholders' meeting

Status                                   : Canceled
Reason                                   :
The Coronavirus disease 2019 outbreak situation in Thailand.
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

Status                                   : Canceled
Reason                                   :
suspension of dividend payment approved by Board on 27 February 2020 and Board 
of directors on 24 April 2020 approve to postpone AGM 2020.

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.