Rights of shareholders
The Company recognizes that every shareholder is the owner of the Company and that he/she should be treated fairly and equitably according to all relevant laws and regulations. The Company always respects and protects shareholders’ rights.
Rights to attend the shareholders’ meeting and vote
The Company holds the Annual General Meeting of shareholders (AGM) once a year within four months after the end of fiscal year in accordance with the laws, regulations and best practice. In 2024, the Company held AGM (NO. 1/2024) on January 26th, 2024, at 14:00 hrs. by electronic meeting (e-AGM) with live streaming from Pailin room Grand Mercure Bangkok Atrium (1880 New Petchburi Road, Bangkok 10310, Thailand) as follows.
Before the meeting day:
The Company selected and arranged the above-mentioned meeting in order to make it convenient for shareholders to attend the e-AGM. In addition, in order to facilitate shareholders to ask questions or offer suggestions smoothly and efficiently.
The notification of AGM was sent by the Company by posted mail 21 days prior to the meeting date so that the shareholders could have enough time to study and review the details of agendas and related information disclosed in the notice. The notification was prepared both in Thai and English for convenience of foreign shareholders.
On the meeting day:
The AGM was chaired by the Chairman of the Board of Directors. Prior to the discussion of the agenda items, quorum is clearly advised. The Directors of the Board, 7 out of 7 (100%), attended the meeting which included the Chairman of the Board, the Chairman of the Audit Committee and the President. Since the external auditors also attended the meeting, shareholders could present their opinions, questions, suggestions and recommendations with great expectation of obtaining comments, answers, counter-opinions and discussions from the Executives and experts based on full understanding. The Chairman could conduct the AGM in compliance with all relevant laws, regulations and best practices so that none of shareholder was disturbed or intervened from exercising his/her right as a shareholder.
After the meeting day:
The minutes of the AGM recording all the resolutions established in the meeting was made and appropriately sent to the Stock Exchange of Thailand (SET).
Rights beyond voting right
The Company has provided shareholders with the rights beyond voting right as follows.
1. The rights to receive share certificates, to be counted as a shareholder, to sell, buy, transfer shares or to inspect shareholder records.
2. The right to be informed timely and sufficiently by the Company of operating and financial results and management policies etc., and to access the Company for other information like minutes of shareholders’ meeting etc.
3. The right to receive an equitable dividend.
4. The right to receive an equitable option in the event of share capital increase.
5. The right to attend shareholders’ meetings, to present opinion and recommendation on the subjects and vote on decisions concerning major corporate matter such as dividend, appointment or dismissal of the Company Directors and approval of their remuneration, appointment of auditors and approval of their remuneration, etc.
6. The right to inspect the management of the Board of Directors, such as to inspect the Company books and records through the Company’s public filings including, 56-1 one report, etc.
7. The right to obtain a redress or a rectification for any violations of their rights.
In 2023, the Company had no actions that violated the right of shareholders, such as neither prevent nor disturb any shareholder from his/her communication with other shareholders, and neither add nor change any agenda of the shareholders’ meeting without notifying shareholders in advance.
