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Date/Time
23 Jun 2020 18:05:00
Headline
Shareholders meeting's resolution
Symbol
JTS
Source
JTS
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                Shareholders meeting's resolution

Subject                                  : Shareholders meeting's resolution
Shareholder's meeting date               : 23-Jun-2020
Meeting's resolution                     : Accordingly approved with board's 
resolution
Remark                                   :
[TRANSLATION]


Our Ref. JTS/CS-009/2563

June 23, 2020

Subject    Report on the 2020 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 2020 Annual General Meeting of Shareholders
(the "2020 AGM") held on
June 23, 2020 as detailed below:-

1.    The Meeting has certified the Minutes of the 2019 Annual General Meeting of 
Shareholders, held on April 25, 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 601,336,752 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    601,308,700    99.9953
Disagreed    28,052    0.0047
Abstained    0    N/A
Voided ballot    0    -

2.    The Meeting has acknowledged the Company's operating result for the year 
2019.

3.    The Meeting has approved the Company's financial statements, ended December 
31, 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 601,366,952 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    601,338,900    99.9953
Disagreed    28,052    0.0047
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 2019 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 2019 due to
 operating loss.
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 601,366,952 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    601,338,900    99.9953
Disagreed    28,052    0.0047
Abstained    0    N/A
Voided ballot    0    -

5.    The Meeting has approved the appointment of one of the following auditors 
from EY Office Limited to be the auditor of the Company for the year 2020:-

1. Mrs. Chonlaros    Suntiasvaraporn    Certified Public Accountant Registration 
No.    4523
2. Mr. Vatcharin    Pasarapongun    Certified Public Accountant Registration No.    6660
3. Mr. Supachai    Phanyawattano    Certified Public Accountant Registration No.    3930

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 2020 at the 
amount of not exceeding Baht 1,370,000; 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 601,366,952 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    599,337,611    99.6625
Disagreed    2,029,341    0.3375
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 2020 as
follows:-

6.1    The Meeting has approved electing the 3 directors whose tenure has ended, 
namely
Mr. Pleumjai Sinarkorn, Mrs. Nonglug Pongsrihadulchai and Ms. Chaovana 
Viwatpanachati 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 601,366,952 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. Pleumjai    Sinarkorn    601,333,400    99.9944    33,552    0.0056    0    N/A    0
    Director                             
2. Mrs. Nonglug    Pongsrihadulchai    599,333,400    99.6618    2,033,552    0.3382    0    N/A    0
    Director                            
3. Ms. Chaovana    Viwatpanachati    601,333,400    99.9944    33,552    0.0056    0    N/A    0
    Independent Director and
    Audit Committee                            

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 2020, 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 601,366,952 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    599,283,000    99.6534
Disagreed    2,033,552    0.3382
Abstained    50,400    0.0084
Voided ballot    0    -

7.    The Meeting has approved an addition of the Company's objective and an 
amendment to Clause 3 (Objective) of the Memorandum of Association of the
Company. Details of the vote are as follows:-

The number of shares of the shareholders, attending the Meeting and being 
eligible to cast the vote on this agenda item, was 601,366,952 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 being eligible to cast the vote, excluding voided ballots
Agreed    601,338,900    99.9953
Disagreed    0    0
Abstained    28,052    0.0047
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.