18 Jun 2020 12:38:00
2020 Annual General Meeting Date and Agenda and Propose of Dividend Payment for 2019 Operating Results
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 : ______________________________________________________________________ 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.