News Detail

Date/Time
23 Jul 2021 17:10:00
Headline
Shareholders meeting's resolution for the year 2021
Symbol
TMW
Source
TMW
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                Shareholders meeting's resolution

Subject                                  : Shareholders meeting's resolution
Shareholder's meeting date               : 23-Jul-2021
Meeting's resolution                     : Accordingly approved with board's 
resolution
Remark                                   :
 Date    July  23, 2021
Subject  Resolutions of Annual General Meeting of Shareholders for the year 2021
To    President
          The Stock Exchange of Thailand

     Thai Mitsuwa Public Company Limited's resolutions of Annual General Meeting of
Shareholders for the year 2020 which was held on July 23, 2021 and convened via
electronic media  at 10.00 am.. There were 27 shareholders, consisting of  10
shareholders in person with  holding 349,800 and  17 shareholders in proxy with
holding 30,592,300 shares , total holding 30,942,100 shares  or  77.55%  of
total  share capital  issued and fully paid-up 39,900,000 shares. The meeting
resolutions are as follows:

Agenda 1     To certify the Minutes of  2020  Annual General Meeting  held on 
July 24, 2020
Resolution    Certified the Minutes of  2020  Annual General Meeting  held on 
July  24, 2020  with the  following votes:

Resolutions    Approved    Disapproved    Abstained    Total
Votes     30,942,100    -    -    30,942,100
%     100    -    -     100

Agenda 2     To acknowledge TMW's  operation results  for the year 2020.
Resolution    Acknowledged the company's annual operation result report for the 
year 2020  with no voting in this               agenda.

Agenda 3     To consider and approve the audited financial statement for the 
year ended  March 31, 2021.
Resolution   Approved the audited financial statement for the year ended March 
31, 2021 (for the accounting period from  1 April  2020 - 31 March 2021)  with
the following votes

Resolutions    Approved    Disapproved    Abstained    Total
Votes     30,942,100    -    -    30,942,100
%     100    -    -     100
 


Agenda 4     To consider and approve the allocation of net profit for the year 
2020 and dividend payment.
Resolution    Approved the allocation of  net profit for the year 2020 ( for the
operation results from 1 April 2020 - 31 March 2021) and the annual dividend
payment at 0.46 Baht per share, totaling 18,354,000.00 Baht (eighteen  million
three hundred and fifty four thousand Baht only) or 30.17% of the net profit on
the income statement. The dividend payment is dated on 23 August 2021 with the
following votes :

Resolutions    Approved    Disapproved    Abstained    Total
Votes     30,942,100    -    -    30,942,100
%     100    -    -     100

Agenda 5     To consider and approve the election of  directors who retired by 
rotation.
Resolution    Approved electing directors  who retired by rotation and are 
re-appointed with the following votes :            1. Mr. Pornthep   Yarnprasart
Resolutions    Approved    Disapproved    Abstained    Total
Votes     30,942,000    100    -    30,942,100
%     100    -    -     100
        2.  O-larn  Srimongkol
Resolutions    Approved    Disapproved    Abstained    Total
Votes     30,942,100    -    -    30,942,100
%     100    -    -     100
         3. Mr.Patchara  Kaewnukul
Resolutions    Approved    Disapproved    Abstained    Total
Votes     30,942,000    100    -    30,942,100
%     100    -    -     100

Agenda 6   To determine the remuneration for Board of directors.
Resolution  Determined the remuneration for Board of directors, totalling 
7,000,000.00 Baht ( seven million Baht only) with the following votes :




Resolutions    Approved    Disapproved    Abstained    Total
Votes     30,942,100    -    -    30,942,100
%     100    -    -     100

Agenda 7     To approve the appointment of  the certified public accountant and 
determine the audit  fee for the year 2021.
Resolution    Approved the appointment of  the certified public accountant  : 
Ms.Siriwan Suratepin  license no. 4604 or Mr. Wichart  Loketkravee license no.
4451 or  Ms.Kamolthip  Lertwitworathep   license no.4377 of EY Office Limited to
be certified public accountant for TMW and determined the audit fee for the
year 2021,  totalling 2,070,000 Baht (two million and seventy thousand Baht
only) with the following votes:

Resolutions    Approved    Disapproved    Abstained    Total
Votes     30,942,100    -    -    30,942,100
%     100    -    -     100
  

Agenda 8    To consider and approve the connected transaction of the renewal of 
the technical service contract between Thai  Mitsuwa Public Company Limited and
Mitsuwa Electric Industry Company Limited ( magnesium products)
Resolution    Approved  the connected transaction of technical service contract 
renewal between Thai Mitsuwa Public Company Limited and Mitsuwa Electric
Industry Company Limited ( magnesium products) with the votes of  not less than
three-fourths of the total number of votes of the shareholders attending the
meeting  excluding the votes of the stake holders in this transaction with the
following votes :

Resolutions    Approved    Disapproved    Abstained    Total
Votes    2,660,800     -    -    2,660,800
%     100    -    -     100

Agenda 9     Other matters
               No approval of other matters in this agenda
        The meeting closed at  11.10 a.m. approximately.
        Please be informed accordingly.

                                    
                                    Sincerely yours,

                                       (Mr.Tetsuji Takeguchi)
                                          Company Secretary
______________________________________________________________________
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