News Detail

Date/Time
01 Mar 2021 20:43:00
Headline
Report on the Board of Directors' meeting resolutions, the date of the 2021 Annual General Meeting of Shareholders and the omission of the dividend payment for the year 2020
Symbol
JTS
Source
JTS
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                Schedule of Shareholders' meeting

Subject                                  : Schedule of Annual General Meeting of
 Shareholders
Date of Board resolution                 : 01-Mar-2021
Shareholder's meeting date               : 30-Apr-2021
Beginning time of meeting (h:mm)         : 10 : 00
Record date for the right to attend the  : 15-Mar-2021
meeting
Ex-meeting date                          : 12-Mar-2021
Significant agenda item                  :
  - Omitted dividend payment
  - Changing the director(s)
Venue of the meeting                     : The meeting via electronic method at 
No. 200, Moo 4, 9th floor, Jasmine International Tower, Chaengwatana Road,
Tambon Pakkret, Amphoe Pakkret, Nonthaburi 11120
Remark                                   :
[ TRANSLATION ]


Our Ref. JTS/CS-006/2564

March 1, 2021

Subject    :    Report on the Board of Directors' meeting resolutions, the date of the
2021 Annual General Meeting of Shareholders and the omission of the dividend
payment for the year 2020
Attention    :    The President of the Stock Exchange of Thailand

The Board of Directors of Jasmine Telecom Systems Public Company Limited (the 
"Company") at the meeting No. 1/2021 convened on March 1, 2021 has passed the
following resolutions.

1.    The meeting has deemed it appropriate to propose to the shareholders' meeting
to consider certifying the minutes of the Extraordinary General Meeting of
Shareholders no. 1/2021, held on February 24, 2021.

2.    The meeting has deemed it appropriate to propose to the shareholders' meeting
 to consider approving the financial statement, ended 31 December 2021.

3.    The meeting has deemed it appropriate to propose to the shareholders' meeting
to consider approving no allotment of the net profit as legal reserve as the
Company's legal reserve has reached the minimum amount required by law (10
percent of the registered capital). At present, the Company's legal reserve is
Baht 70,645,730.00. The meeting has also deemed it appropriate to propose to the
shareholders' meeting to approve the omission of the dividend payment from the
operating result of the year 2020 to retain the profit for working capital.

4.    The meeting has deemed it appropriate to propose to the shareholders' meeting
to approve appointing the following persons from EY Office Limited to be the
Company's auditor for the year 2021:-

1.    Mr. Vatcharin    Pasarapongun,     Certified Public Accountant Registration No. 
6660
    (He signed to certify the Company's financial statements for the year 2020, 
totaling 1 year)
2.    Mr.Supachai    Phanyawattano    Certified Public Accountant Registration No. 3930
    (He signed to certify the Company's financial statements for the years 
2014-2015, totaling
2 years)
3.    Mr.Natthawut    Santipet    Certified Public Accountant Registration No. 5730
    (He has never signed to certify the Company's financial statements.)

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
 provide the opinions on the Company's financial statements in their place.

The meeting has also deemed it appropriate to propose to the shareholders' 
meeting to approve fixing the annual audit fee for the year 2021 at the amount
of not exceeding Baht 1,670,000.00 (One million, six hundred and seventy
thousand Baht), excluding other expenses.

5.    The meeting has approved the retirement by rotation for the year 2021 of the 
Company's 3 directors namely, Acting Second Lieutenant Annop Suthakavatin,
Mrs.Nitt Visesphan and Mr. Somboon Patcharasopak and the re-election of these
directors to directorship for another term. The meeting has deemed it
appropriate that this matter be proposed to the shareholders' meeting for
approval. As for the directors' remuneration for the year 2021, proposed at the
amount of not exceeding Baht 4,000,000.00 (Four million Baht), the meeting has
also deemed it appropriate that the matter be proposed to the shareholders'
meeting for approval.

6.    The meeting has resolved to approve that the 2021 Annual General Meeting of 
Shareholders be held on Friday, April 30, 2021 at 10.00 hrs. via electronic
method, pursuant to the Emergency Decree on Electronic Meeting B.E. 2563 (2020)
at No. 200, Moo 4, 9th floor, Jasmine International Tower, Chaengwatana Road,
Tambon Pakkret, Amphoe Pakkret, Nonthaburi 11120. The meeting agendas are as
follows:-

Agenda 1    To consider certifying the Minutes of the Extraordinary General Meeting
 of Shareholders no. 1/2021, held on February 24, 2021;
Agenda 2    To acknowledge the Company's operating result for the year 2020;
Agenda 3    To consider approving the Company's financial statements, ended 
December 31, 2020;
Agenda 4    To consider the allocation of net profit as legal reserve and the 
dividend payment from the operating result for the year 2020;
Agenda 5    To consider an appointment of the auditor and to fix the audit fee for 
the year 2021;
Agenda 6    To consider the election of directors to replace those who retire by 
rotation and fix the remuneration for the year 2021;
Agenda 7    Other issues (if any).

7.    The meeting has resolved to approve the Record Date to determine the names of
the shareholders who are entitled to attend the 2021 Annual General Meeting of
Shareholders to be on Monday, March 15, 2021.


The invitation letter to the 2021 Annual General Meeting of Shareholders 
together with the documents for the meeting will be posted on the Company
website (http://www.jts.co.th) on Tuesday, March 30, 2021.


Please be informed accordingly.

Sincerely yours,
Jasmine Telecom Systems Public Company Limited.


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

Dividend payment / Omitted dividend payment

Subject                                  : Omitted dividend payment
Date of Board resolution                 : 01-Mar-2021
Omitted dividend payment from            :
    Operating period from 01-Jan-2020 to 31-Dec-2020
______________________________________________________________________

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.