News Detail

Date/Time
25 Apr 2019 17:22:00
Headline
Shareholders meeting's resolution
Symbol
JTS
Source
JTS
Full Detailed News
Download Full Detailed News
                Shareholders meeting's resolution

Subject                                  : Shareholders meeting's resolution
Shareholder's meeting date               : 25-Apr-2019
Meeting's resolution                     : Accordingly approved with board's 
resolution
Remark                                   :
[TRANSLATION]


Our Ref. JTS/CS-009/2562

April 25, 2019

Subject    Report on the 2019 AGM resolutions
To        The President of the Stock Exchange of Thailand


Jasmine Telecom Systems Public Company Limited (the "Company") would like to 
report the resolutions made at the 2019 Annual General Meeting of Shareholders
(the "AGM") held on  April 25, 2019 as detailed below:-

1.    The Meeting has certified the Minutes of the Extraordinary General Meeting of
 Shareholders
No. 1/2019, held on February 26, 2019. Details of the vote are as follows:-

The number of shares of the shareholders, attending the Meeting and casting the 
votes on this agenda item, was 599,204,103 shares. There was no shareholder
without the voting right on this agenda item. There was no voided ballot. The
Meeting resolutions are as follows:-

Resolution    Number of shares    % of total shares of the shareholders, attending the
 Meeting and casting the votes, excluding voided ballots
Agreed    599,204,103    100
Disagreed    0    0
Abstained    0    N/A
Voided ballot    0    -

2.    The Meeting has acknowledged the Company's operating result for the year 
2018.

3.    The Meeting has approved the Company's financial statements, ended December 
31, 2018. Details of the vote are as follows:-

The number of shares of the shareholders, attending the Meeting and casting the 
votes on this agenda item, was 599,204,503 shares. There was no shareholder
without the voting right on this agenda item. There was no voided ballot. The
Meeting resolutions are as follows:-

Resolution    Number of shares    % of total shares of the shareholders, attending the
 Meeting and casting the votes, excluding voided ballots
Agreed    599,202,503    99.9997
Disagreed    2,000    0.0003
Abstained    0    N/A
Voided ballot    0    -

4.    The Meeting has approved the allocation of the net profit as legal reserve 
and the dividend payment from the operating result for the year 2018 as detailed
 below:-

4.1    Not allocating the net profit as legal reserve as the Company's current 
legal reserve has reached the minimum amount required by law (10% of the
registered capital) ; this is in compliance with Article 116 of the Public
Limited Company Act, B.E. 2535 and the Company's Article of Association. At
present, the Company's accumulated legal reserve is totally Baht 70,645,730.
4.2    Omitting dividend payment from the operating result for the year 2018 in 
order to retain the earnings for working capital.
Details of the vote are as follows:-    

The number of shares of the shareholders, attending the Meeting and casting the 
votes on this agenda item, was 599,204,603 shares. There was no shareholder
without the voting right on this agenda item. There was no voided ballot. The
Meeting resolutions are as follows:-

Resolution    Number of shares    % of total shares of the shareholders, attending the
 Meeting and casting the votes, excluding voided ballots
Agreed    599,202,603    99.9997
Disagreed    2,000    0.0003
Abstained    0    N/A
Voided ballot    0    -

5.    The Meeting has approved the appointment of the following persons as auditors
 for the year 2019.

Name-Surname    Certified Public Accountant Registration No.    Audit Firm    
1. Mrs. Chonlaros     Suntiasvaraporn     4523    EY Office Limited.    or
2. Mr. Supachai    Phanyawattano    3930    EY Office Limited.    or
3. Ms. Krongkaew    Limkittikul    5874    EY Office Limited.    

However, in the event that those auditors are unable to perform their duties, EY
Office Limited is authorized to assign another of its auditors to perform the
audit and state the opinions on the Company's financial statements in their
place.

The Meeting has also approved fixing the audit fee for the year 2019 at the 
amount of not exceeding Baht 1,290,000; excluding other expenses. Details of the
 vote are as follows:-

The number of shares of the shareholders, attending the Meeting and casting the 
votes on this agenda item, was 599,204,603 shares. There was no shareholder
without the voting right on this agenda item. There was no voided ballot. The
Meeting resolutions are as follows:-









Resolution    Number of shares    % of total shares of the shareholders, attending the
 Meeting and casting the votes, excluding voided ballots
Agreed    599,204,603    100
Disagreed    0    0
Abstained    0    N/A
Voided ballot    0    -

6.    The Meeting has approved the election of directors to replace those who 
retired by rotation and the directors' remuneration for the year 2019 as
follows:-

6.1    The Meeting has approved electing the 3 directors whose tenure has ended, 
namely
Mr. Raks Unahabhokha, Mrs. Nitt Visesphan and Mr. Parinya Sahaphatsombut to 
directorship for another term.  Details of the vote are as follows:-

The number of shares of the shareholders, attending the Meeting and casting the 
votes on this agenda item, was 599,204,603 shares. There was no shareholder
without the voting right on this agenda item. There was no voided ballot. The
Meeting resolutions are as follows:-
Director's Name/Position    Agreed    Disagreed    Abstained    Voided ballot
    Shares    %    Shares    %    Shares    %    Shares
1. Mr. Raks    Unahabhokha    599,204,603    100    0    0    0    N/A    0
    Independent Director and
    Chairman of Audit Committee                            
2. Mrs. Nitt    Visesphan    599,204,603    100    0    0    0    N/A    0
    Director                            
3. Mr. Parinya    Sahaphatsombut    599,204,603    100    0    0    0    N/A    0
    Director                             

6.2    The Meeting has approved fixing the remuneration according to the positions 
and the gratuities for the Board of Directors and the subcommittees of the
Company for the year 2019, at the amount of not exceeding Baht 4,000,000.
Details of the vote are as follows:-

The number of shares of the shareholders, attending the Meeting on this agenda 
item, was 599,239,603 shares. There was no shareholder without the voting right
on this agenda item. There was no voided ballot. The Meeting resolutions are as
follows:-

Resolution    Number of shares    % of total shares of the shareholders, attending the
 Meeting, excluding
voided ballots
Agreed    599,189,603    99.9917
Disagreed    0    0
Abstained    50,000    0.0083
Voided ballot    0    -





Please be informed accordingly.



Sincerely yours,
Jasmine Telecom Systems Public Company Limited.

[Pleumjai Sinarkorn]
(Mr. Pleumjai Sinarkorn)
Chairman of the Board of Directors
______________________________________________________________________
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.