(Translation)
Ref. No. 01 - 086 / 2021
April 5, 2021
Subject : Notification of the Resolutions of the 2020 Annual General Meeting of Shareholders
To : President,
The Stock Exchange of Thailand
Cc : Secretary-General of the Office of the Securities and Exchange Commission
At the Annual General Meeting of Shareholders for the Year 2021 of PTT Global Chemical Public Company Limited (The Meeting) on Monday, April 5, 2021 at 9:00 hours at Bangkok Convention Center, 5th Floor, Central Plaza Ladprao, 1695 Phaholyothin Road, Chatuchak, Chatuchak, Bangkok 10900.
1. Acknowledged the Company's operation for the year 2020 and the recommendation for the
Company's business plan and approve the Company's Financial Statement for the Year Ended December 31, 2020 which were audited and certified by the auditors and reviewed by the Audit Committee, by the majority of votes of the shareholders who attend the meeting and vote as follows :
Approval | 3,266,872,747 | Votes | Percentage | 100.0000 |
Disapproval | 0 | Votes | Percentage | 0.0000 |
Abstinence | 1,705,093 | Votes | ||
Voided Ballot | 0 | Votes |
2. Approved the allocation of profit from the operating results in the year 2020, and dividend distribution for the operating results in the year 2020 at the rate of Baht 1.00 per share, totaling Baht 4,487 million, which would be allocated from the unappropriated retained earnings:
- Dividend of Baht 0.74 per share, paid from the taxable profit at tax rate of 10 percent, which the individual shareholders are subjected to withholding tax of 10 percent, but are entitled to claim tax credit at 10/90 of the dividend.
- Dividend of Baht 0.26 per share, paid from the taxable profit at tax rate of 20 percent, which the individual shareholders are subjected to withholding tax of 10 percent, but are entitled to credit at 20/80 of the dividend.
The Company has set the Record Date on March 1, 2021 for the rights to attend the 2021 Annual General Meeting and to receive the dividend. The dividend payment shall be on April 23, 2021.
The meeting has passed the resolution to approve by the majority of votes of the shareholders who attend the meeting and vote as follows :
Approval | 3,261,157,380 | Votes | Percentage | 99.7591 |
Disapproval | 7,874,456 | Votes | Percentage | 0.2409 |
Abstinence | 13,108 | Votes | ||
Voided Ballot | 0 | Votes |
3. Approved the Election of persons replacing the Directors who are retired by rotation as proposed by the Nomination and Remuneration Committee, by the majority of votes of the shareholders who attend the meeting and vote as follows:
(1) | Mr. Piyasvasti Amranand | to be re-elected for another term as Independent Director | |||
Approval | 3,258,628,020 | Votes | Percentage | 99.6828 | |
Disapproval | 10,370,209 | Votes | Percentage | 0.3172 | |
Abstinence | 73,128 | Votes | |||
Voided Ballot | 0 | Votes | |||
(2) | Mr. Somkit Lertpaithoon | to be re-elected for another term as Independent Director | |||
Approval | 3,252,372,698 | Votes | Percentage | 99.4915 | |
Disapproval | 16,624,331 | Votes | Percentage | 0.5085 | |
Abstinence | 74,328 | Votes | |||
Voided Ballot | 0 | Votes | |||
(3) | Mr. Pakorn Nilprapunt | to be re-elected for another term as Independent Director | |||
Approval | 3,244,828,618 | Votes | Percentage | 99.2606 | |
Disapproval | 24,170,221 | Votes | Percentage | 0.7394 | |
Abstinence | 72,528 | Votes | |||
Voided Ballot | 0 | Votes |
(4) | Lieutenant General Nithi Chungcharoen | to be re-elected for another term as | |||
Independent Director | |||||
Approval | 3,148,865,001 | Votes | Percentage | 96.3337 | |
Disapproval | 119,839,326 | Votes | Percentage | 3.6663 | |
Abstinence | 367,030 | Votes | |||
Voided Ballot | 0 | Votes | |||
(5) | Mr. Disathat Panyarachun to be re-elected for another term as Director | ||||
Approval | 3,257,604,862 | Votes | Percentage | 99.6514 | |
Disapproval | 11,396,667 | Votes | Percentage | 0.3486 | |
Abstinence | 69,828 | Votes | |||
Voided Ballot | 0 | Votes |
4. Approved the Company's Directors' and Specific Committees' remuneration for the year
2021 and the payment of Bonus for the Board of Directors for the Year 2020 as follows:
- Remuneration for the Directors: To be maintained monthly remuneration and meeting allowance for those who attend the meeting at the same rate as the year 2020 as follows:
Monthly remuneration | Baht / Person | |
• | Chairman | 62,500 |
• | Director | 50,000 |
Meeting allowance | Baht / Person / Attendance | |
(Only those who attend the meeting) | ||
• | Chairman | 50,000 |
• | Director | 40,000 |
- Remuneration for all Sub-Committees: To be maintained meeting allowance for those who attend the meeting at the same rate as the year 2020, i.e. Audit Committee, Nomination and Remuneration Committee, Corporate Governance Committee, Risk Management Committee, and shall include specific committees that may be appointed by the Board of Directors, as necessary and appropriated in the future as follows :
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Meeting allowance for Sub Committees | Baht / Person / Attendance | |
(Only those who attend the meeting) | ||
• | Chairman | 56,250 |
• | Director | 45,000 |
- Bonus for the Board of Directors: Bonus for the Board of Directors for the Year 2020 as follows:
"The bonus will be paid to the Board of Directors if the Company pay out the dividend to the shareholders, at the rate of 0.30% of the Company's net profit, but not exceeding the amount of Baht 60 million by calculation in accordance with the Director's terms and the Chairman would get the bonus at the rate of 25 % higher than that of
Directors." - Other Remuneration: None
The meeting has passed the resolution to approve by more than two-third (2/3) of the total number of votes of the shareholders attending the meeting as follows :
Approval | 3,243,145,943 | Votes | Percentage | 99.2067 |
Disapproval | 25,857,983 | Votes | Percentage | 0.7910 |
Abstinence | 76,336 | Votes | Percentage | 0.0023 |
Voided Ballot | 0 | Votes | Percentage | 0.0000 |
5. Approved the Appointment of any of the Deloitte Touche Tohmatsu Jaiyos Audit Company
Limited (Deloitte)'s auditors to be the Company's auditor for the year 2021 as namely Mr. Mongkol Somphol C.P.A. (Thailand) Reg. No. 8444 or Mr. Suphamit Techamontrikul C.P.A. (Thailand) Reg. No.3356 or Mr. Suwatchai Meakhaamnouychai C.P.A. (Thailand) Reg. No. 6638 or Mr. Chavala Tienpasertkij C.P.A. (Thailand) Reg. No. 4301 and the Audit fee of Baht 3,000,000 together with other expenses such as travel expenses, accommodation fees, telephone charges, postal fees, stamp duty fees, photocopying fees etc. basing on actual cost, but not exceeding 10 percent of the audit fee.
The meeting has passed the resolution to approve by the majority of votes of the shareholders who attend the meeting and vote as follows:
Approval | 3,232,036,977 | Votes | Percentage | 99.8759 | |
Disapproval | 36,745,083 | Votes | Percentage | 1.1241 | |
Abstinence | 298,202 | Votes | |||
Voided Ballot | 0 | Votes | |||
Please be informed accordingly. | |||||
Yours sincerely, | |||||
- Kongkrapan | Intarajang - | ||||
(Kongkrapan | Intarajang) | ||||
Chief Executive Officer |
Corporate Secretary and Legal
Telephone 0 2140 8762 / 0 2265 8339
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PTT Global Chemical pcl published this content on 05 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 April 2021 17:49:03 UTC.