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Date/Time
01 Apr 2021 17:03:00
Headline
Shareholders meeting's resolution
Symbol
MSC
Source
MSC
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                Shareholders meeting's resolution

Subject                                  : Shareholders meeting's resolution
Shareholder's meeting date               : 01-Apr-2021
Meeting's resolution                     : Accordingly approved with board's 
resolution
Remark                                   :

SCO 13/2021


        April 1, 2021


Subject :    Resolutions of the Annual General Meeting No. 26/2021
To :        Directors and Manager of the Stock Exchange of Thailand

Whereas Metro Systems Corporation Public Company Limited convened               
the Annual General Meeting No. 26/2021 on April 1, 2021 from 10.00 A.M. to 10.50
A.M. Therefore, the Company would like to report the resolutions adopted at the
 said meeting as follows:

    Agenda 1.    Matters to be formed
Resolution:    Acknowledge the no shareholders forward any question to the Company 
prior to the meeting date and no nominee to be proposed agenda and nominees to
be considered for the election as director at the Annual General Meeting
No.26/2021.

Agenda 2.    To acknowledge the report of the Company's operating results for the 
year ending December 31, 2020 and Annual Report for 2020
Resolution:    Acknowledge the report of the Company's Operating Results for the 
year ending December 31, 2020 and the Annual Report for 2020.

Agenda 3.    To consider and approve the Statement of Financial Position and 
Statement of Comprehensive Income for the fiscal period ending December 31, 2020
Resolution:    Approve the Statement of Financial Position and Statement of 
Comprehensive Income for the fiscal period ending December 31, 2020 by the votes
 as follows:
Approved         318,956,747    votes    equivalent to    100%
    Disapproved                         0    votes    equivalent to         0%
    Abstained                                 0    votes    equivalent to        0%
    Invalid ballot                  0    votes    equivalent to        0%
    Total                    318,956,747    votes    equivalent to   100%

    Agenda 4.    To consider and approve the profit allocation and dividend payment 
for the year 2020
    Resolution:    Approve of the declaration of a dividend payment for the year 2020 
to the Company's shareholders at the rate of THB 0.30 per share, totaling to THB
108,000,000 or equivalent to 72% of the Company's net profit which is
consistent with the dividend payment policy of the Company. However,
The Company has allocated net profits at least 10 (ten) percent of
the registered capital which is according to the law and
the Company's rules. The record date for determination of which shareholders are
entitled to obtain dividend is fixed on March 12, 2021. The payment of dividend
 will be made on April 30, 2021. The votes of this agenda are as follows:    
Approved                 318,956,747    votes    equivalent to    100%
    Disapproved                         0    votes    equivalent to         0%
    Abstained                                 0    votes    equivalent to        0%
    Invalid ballot                  0    votes    equivalent to        0%
    Total            318,956,747    votes    equivalent to   100%

Agenda 5.    To consider and approve the election of directors in place of those 
retiring by rotation
    Resolution:    Approve the election of the 3 directors who are retired by 
rotation, Mr. Sunpitt Sethpornpong, Mr. Narong Charuvajana and Dr. Virach
Aphimeteetamrong, return to the directors of the Company for another term by the
 votes as follows:
    (1) Mr. Sunpitt Sethpornpong            :    Chairman
         Approved         317,956,747    votes    equivalent to    99.6865%
Disapproved                         0    votes    equivalent to      0%
    Abstained                     1,000,000    votes    equivalent to      0.3135%
    Invalid ballot                  0    votes    equivalent to       0%
    Total            318,956,747    votes    equivalent to  100%
Mr. Sunpitt Sethpornpong, the shareholder who is the Directors and
the interested person, abstained their vote.

(2) Mr. Narong Charuvajana            :    Director
Approved         318,245,260    votes    equivalent to   99.7769%
        Disapproved                         0    votes    equivalent to       0%
        Abstained                        711,487    votes    equivalent to     0.2231%
        Invalid ballot                  0    votes    equivalent to      0%
        Total            318,956,747    votes    equivalent to 100%
    Mr. Narong Charuvajana, the shareholder who is the Directors and
the interested person, abstained their vote.
  
     (3) Dr. Virach Aphimeteetamrong        :    Independent Director
Approved         318,956,747    votes    equivalent to 100%
        Disapproved                         0    votes    equivalent to       0%
        Abstained                                   0    votes    equivalent to     0%
        Invalid ballot                  0    votes    equivalent to      0%
        Total            318,956,747    votes    equivalent to 100%



Agenda 6.    To consider and approve the remuneration of Directors for the year 
2021
Resolution:    Approve of the remuneration of Directors and Audit Committee 
including fixing the remuneration of Executive Committee and other Committees
for the year 2021. The details and votes are appeared as follows:

Board of Directors' Remuneration
The Annual Bonus of Board of Directors  not over than  2,700,000 THB/year
Directors meeting                 amounting to       22,000 THB/person/meeting
Audit Committee Remuneration
For the Chairman of Audit Committee      amounting to         130,000  THB/quarter
For each member of Audit Committee      amounting to         100,000  
THB/person/quarter
Remuneration of Executive Committee
For the Chairman                                       amounting to       
14,000    THB/meeting
For each member                                       amounting to       
14,000    THB/person/meeting
Remuneration of other committees
Committee/Sub-Committee                   Chairman          each member
                                        (per meeting)       (per meeting)
Sustainable Development Sub-Committee           17,000 THB    12,000 THB
Corporate Governance Sub-Committee          17,000 THB    12,000 THB
Risk Management Sub-Committee              17,000 THB    12,000 THB
Nominating and Remuneration Sub-committee   17,000 THB    12,000 THB

The remuneration of Directors, Audit Committee, Executive Committee and other 
Committees are equal to the year 2020. Nevertheless, the annual bonus of Board
of Directors is allocated by themselves.

Approved         318,956,747    votes    equivalent to 100%
        Disapproved                         0    votes    equivalent to       0%
        Abstained                                   0    votes    equivalent to     0%
        Invalid ballot                  0    votes    equivalent to      0%
        Total            318,956,747    votes    equivalent to 100%

Agenda 7.    To consider and approve the appointment of the Company's Auditor and 
fixing the auditor's remuneration for the year 2021
Resolution:    Approve the appointment of Mrs. Wilasinee Krishnamra C.P.A. License 
No. 7098 and/or Mr. Yongyuth Lertsurapibul C.P.A. License No. 6770 and/or
Mr. Kasiti Ketsuriyonk C.P.A. License No. 8833 and/or Mrs. Nisakorn
Songmanee C.P.A. License No. 5035 from Deloitte Touche Tohmatsu Jaiyos Audit
Co., Ltd. for the year 2021. The meeting then fix the audit fee for the annual
financial statement of the Company in the amount of THB 1,280,000 and for three
quarterly financial statement is THB 1,380,000. Therefore, the total amount of
the auditor's remuneration for the year 2021 is THB 2,660,000 by the votes as
follows:

Approved         318,956,747    votes    equivalent to    100%
        Disapproved                         0    votes    equivalent to         0%
        Abstained                                 0    votes    equivalent to        0%
        Invalid ballot                  0    votes    equivalent to        0%
        Total            318,956,747    votes    equivalent to   100%

The Company provides this information for your acknowledgment and dissemination 
to                the public and other investors.

  

Sincerely yours,
Metro Systems Corporation Public Company Limited



Sumateta Jitsiripol
(Miss Sumateta Jitsiripol)
                            Corporate Secretary
______________________________________________________________________
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