News Detail

Date/Time
18 Jun 2020 12:38:00
Headline
2020 Annual General Meeting Date and Agenda and Propose of Dividend Payment for 2019 Operating Results
Symbol
TMW
Source
TMW
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                Schedule of Shareholders' meeting

Subject                                  : Schedule of Annual General Meeting of
 Shareholders
Date of Board resolution                 : 17-Jun-2020
Shareholder's meeting date               : 24-Jul-2020
Beginning time of meeting (h:mm)         : 10 : 00
Record date for the right to attend the  : 01-Jul-2020
meeting
Ex-meeting date                          : 30-Jun-2020
Significant agenda item                  :
  - Cash dividend payment
Venue of the meeting                     : Thai Mitsuwa Public Company Limited 
31 Moo 2 Baanchang, Amphur  Muang, Pathumthani 12000.
Remark (Update)                          :
  To    :   President
        The  Stock Exchange of Thailand
Subject  :     2020 Annual General Meeting Date and  Agenda and Propose of Dividend
 Payment for 2019  Operating Results
Date     :  June 17, 2020
 
    According to TMW's  Board of Directors meeting no. 2/2020 dated on June 17,2020
 , the Board of Directors  has  resolved as follows :
     1  TMW will hold the 2020  Annual General  Meeting (AGM) on Friday 24 July 
2020  at time 10.00 that will be held at Thai Mitsuwa Public Company Limited 31
Moo 2 Baanchang, Amphur  Muang, Pathumthani 12000.
            2. TMW will entitle  rightful  shareholders, who can attend the 2020  
Annual General Meeting  on Wednesday 1 July 2020 ( Record Date ) and TMW will
entitle rightful shareholders, who can receive  the dividend on Monday 3 August
2020 ( Record Date ) which  will be payable  on Friday 21  August 2020. However,
the right to receive the dividend is uncertain because it must be approved by
the shareholders' meeting.           
    3. TMW has specified   the  following  agenda for  2020  AGM :
Agenda 1    To acknowledge the Minutes of 2019  Annual General Meeting held on  
July 26, 2019.
The Board's opinion :  recommended  shareholders  to acknowledge the minutes of 
  2019  Annual General Meeting held on July 26,2019.
Agenda 2    To acknowledge   TMW's  operation results  for the year 2019.
The Board's opinion :  recommended  shareholders to acknowledge  TMW's  
operation  results for the year 2019.
Agenda 3    To approve TMW's  financial statement for the year 2019  ended  March 
31, 2020.
The Board's opinion: recommended shareholders to approve TMW's financial  
statements for the year 2019 ended March 31,2020  which  were audited and
certified by the auditor and  reviewed by the audit committee that they are
correct, presented and disclosed appropriately according to Thai  Financial
Reporting Standards and Thai Accounting Standards.
Agenda 4    To approve the 2019 annual operation results allocation  and dividend 
payment.
The Board's opinion :  recommended shareholders to approve the 2019 annual net 
profit  allocation  and dividend payment.  The proposed  dividend  is at  rate
1.78 baht per share , total  dividend payment 71,022,000.00 baht   (seventy one
million twenty two thousand baht only)  or 30.14% of net profit  on the income
statement. TMW will entitle rightful shareholders who may receive the dividend
on Monday 3 August  2020  (Record Date) and the dividend will be payable on
Friday 21  August  2020. However, the dividend is subject to  the shareholders'
approval in  the  2020  Annual  General Shareholder  Meeting.
Agenda 5    To elect the  directors due to retirement  by rotation.
    The Board's opinion :     recommended shareholders  to elect the directors  who 
retired  by rotation  for replacement  as follows :
1.    Professor Komen   Suebviset
2.    Mr. Hirokatzu  Tsuruhara
3.    Mr, Paitoon Kladkiew
  Agenda 6    To approve the remuneration for the directors.
The Board's opinion :  recommended shareholders to approve the remuneration 
8,000,000.00 baht ( eight million baht only)  for the directors  and to grant
authority to the Board to allocate it.
Agenda 7    To approve the appointment of  auditors  and the audit fee for the  
year 2020.
The Board's opinion :   recommended  shareholders according to the audit 
committee' s opinion to approve the appointment of the auditor from  EY  Office
Limited to be auditor of TMW for 2020. One of the following auditors may audit
and provide opinions on TMW's 2019 financial statements : 1). Ms.Siriwan
Suratepin  license no. 4604 ; 2) Mr.Wicharn Loketkravee license no. 4451; 3)
Ms. Kamolthip  Lertvitvorathep   license no.4377  and the audit  fee
2,100,000.00  baht (two million and one hundred  thousand  baht only) for the
year 2020.
Agenda 8   To consider other matters (if  any).
              Please be informed accordingly.                    
        
                           Yours sincerely,

                        Mr.Tetsuji  Takeguchi
                           Company Secretary
______________________________________________________________________

Dividend payment / Omitted dividend payment

Subject                                  : Cash dividend payment
Date of Board resolution                 : 17-Jun-2020
Type of dividend payment                 : Cash dividend payment
Record date for the right to receive     : 03-Aug-2020
dividends
Ex-dividend date                         : 31-Jul-2020
Payment for                              : Common shareholders
Cash dividend payment (baht per share)   : 1.78
Par value (baht)                         : 5.00
Payment date                             : 21-Aug-2020
Paid from                                :
    Operating period from 01-Apr-2019 to 31-Mar-2020
Remark                                   :
______________________________________________________________________
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