Report the resolution of AGM 2006
BackApr 26, 2006
To: The Director and Manager The Stock Exchange of Thailand
The Board of Director of L.P.N. Development Public Co., Ltd. held the Annual General Meeting of Shareholders year 2006 on Tuesday 25 April 2006 at 14.00 hours at the Seminar Room of L.P.N. Development Public Company Limited, Lumpini Tower Building, 11th Floor, No. 1168/7, Rama IV Road, Khwaeng Thungmahamek, Khet Sathorn, Bangkok and resolved the following agenda :
| Agenda 1 | The Meeting adopted the Minutes of the Annual General Meeting of Shareholders Year 2005 held on 28 April 2005. |
| Agenda 2 | The Meeting acknowledged the report of the Company's 2005 Annual Operations |
| Agenda 3 | The Meeting approved the Balance Sheets and Profit and Loss Statement for the Year ended 31 December 2005. |
| Agenda 4 | The Meeting approved dividends payment from profit allocation of the operation results of 2005 at the rate of Baht 0.22 per share for total amount of 1,475,698,768 Shares (One thousand four hundred seventy five million six hundred ninety eight thousand seven hundred and sixty eight shares) amounting Baht 324,653,729 (Three hundred twenty four million six hundred fifty three thousand seven hundred and twenty nine Baht Only) to the shareholders whose names appeared in the Share Registered Book as at 5 April 2006 at 12.00 hrs. The dividends will be paid on 9 May 2005 and approved to allocate some profits as legal reserve of Baht 30,000,000 (Thirty million Baht Only). |
| Agenda 5 | The Meeting approved the designation of Mr.Amornsuk Noparumpa, Mr.Tawechai Chitasaranachai, Mr.Tikhamporn Plengsrisuk and Mrs.Yupa Techakraisri as the Company's directors for another term and appoint Mr.Opas Sripayak and Mr. Weerasuk Wahawisal to be additional directors. |
| Agenda 6 | The Meeting approved the directors' remuneration for 2006 of Bath 4,620,000 (Four million six hundred and twenty thousand Baht Only) and the directors' reward from the operation results of 2005 Baht 1,422,500 (One million four hundred twenty two thousand five hundred Baht Only) which shall be allocated by Board of Directors according to their responsibilities. |
| Agenda 7 | The Meeting approved the appointment of Mrs. Vilairat Rojnuckarin, CPA no.3104 or Mrs. Suvimol Krittayakiern, CPA no. 2982 of Office of DIA International Auditing as the Company's 2006 auditors and approved their remunerations of Baht 810,000 (Eight hundred and ten thousand Baht Only). |
| Agenda 8 |
The Meeting approved decrease of the registered capital of the company from Baht 1,486,706,550 to Baht 1,475,698,768 by canceling ordinary share left from the preservation prepared for the right to exercise warrants amount 11,007,782 shares at a par value of Baht 1 and amending Clause 4 of the Company's Memorandum of Association set out herein below to be in Agreement with the decrease of the Company's registered capital, be approved: Clause 4 |
| Agenda 9 | There is no other matter. |
Yours sincerely
Tikhamporn Plengsrisuk
Chief Executive Offier
Director's Office Tel 02-285-5011-6 ext.133
