ANNUAL REPORT 2007 รายงานประจำปี - IR Plus

Corporate Governance
The Company’s board of directors has formulated the Corporate Governance Policy, in full conformity with the
Code of Best Practices as stipulated by the SET, which was outlined hereunder:-
1. The Rights of Shareholders
The Company has encouraged all directors to attend a shareholders’ meeting. The chairman of the meeting
always equitably allow each shareholder to examine the Company’s operation, by providing appropriate
meeting schedule to let the shareholders raise their inquiries, opinions, and suggestions freely. The chairman
of the meeting also provides sufficient information and sufficient time for the shareholders’ consideration. The
Proxy Form has been attached with the invitation letters, for the case that the shareholders cannot join the
meeting by themselves. In addition, the venue, date, and time of the meeting shall be at the shareholders’
convenience.
In 2007, the Company arranged an ordinary shareholders’ meeting on April 27, 2007. The participants of the
meeting consist of 48 shareholders and proxy holders, of which held 312,077,500 shares, aggregately. Such
amount accounted for 78.02% of the company’s paid-up shares, which are 400,000,000 shares. There are six
directors who has joined the meeting consist of Chairman of the Board of Directors, Managing Directors,
Directors, and the Chairman of the Audit Committee.
In addition, the Company arranged an extraordinary shareholders’ meeting on January 11, 2007. The
participants of the meeting consist of 35 shareholders and proxy holders, of which held 300,084,610 shares,
aggregately. Such amount accounted for 75.02% of the company’s paid-up shares, which are 400,000,000
shares. There are six directors who has joined the meeting consist of Chairman of the Board of Directors,
Managing Directors, Directors, and the Audit Committee.
During each meeting, the chairman of the meeting follows the rules and the agenda of the meeting, and also
advocates the shareholders to exercise their voting rights. Shareholders are encouraged to voice their
opinions and concerns in every agenda, freely. The chairman of the meeting has the responsible directors
explained the shareholders’ concerns clearly. All recommendations from the shareholders will be noted for the
Company’s further considerations. The votes and votes count are conducted, transparently.
In arranging minutes of a shareholders’ meeting, the secretary has completely recorded the discussion,
concerns, suggestions and the vote results in each agenda. The minutes of meeting will be proposed to the
shareholders for the approval in the next meeting, and will be submit to related government party in time.
2. The Equitable Treatment of shareholders
The Company provides equal treatment toward all shareholders in accordance with the law. The progress of
the Company’s operations is regularly reported to the shareholders directly or through the Stock Exchange of
Thailand. The invitation letters together with documents relevant to the meeting will be sent to all shareholders
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