The Minutes of the 2013 Annual General ... - Investor Relations

The Chairman : The credit rating of the Company by TRIS is “A-”, while the D/E ratio islow at 0.5:1.The Chairman asked the Meeting if there were any questions or comments. When there was nomore proposal or query, the Chairman then proposed the Meeting to vote and concluded as follows:Resolution:No. of Votes- 20 -PercentageApproved 939,211,352 90.1396Disapproved 102,361,865 9.8240Abstained 373,262 0.0358Voided Ballot 4,715 0.0004The meeting, by not less than three-quarters of the total number of votes castedby the shareholders present and entitled to vote, resolved to approve an externalfund raising plan of not exceeding Baht 30,000 million within 5 years (2013-2017)as proposed.Agenda No. 10 Other Business (if any)The Chairman informed that the consideration of the agendas stipulated in the notice callingwas finished, in compliance with section 105 of the Public Limited Company Act B.E.2535, theshareholders holding shares amounting to not less than one-third of the total number of shares soldmay request the meeting to consider matters other than those indicated in the notice calling for themeeting...”. However, there was no proposition.The Chairman then asked the Meeting if there were any questions or comments. There werecomments and questions as follows:Shareholder(Name Unknown)Mr. NattachatCharuchinda(Member andSecretary of theNomination andRemunerationCommittee)Shareholder(Mr. ChatchaiKhunngam): Questioned whether the Board of Directors has the authorization to appointMr.Suthep Wongvorazathe as a director without any shareholder approval?: Clarified that it is stipulated by the Company’s Articles of AssociationArticle 24 that appointing a director, in case of vacancy, to the Board ofDirectors for other reasons than retirement by rotation is under theauthorization of the Board. The Nomination and Remuneration Committeeand the Board of Directors had thoroughly considered the criteria andother information, and viewed it proper to appoint him as an independentdirector.: Suggested that the Company should arrange a site visit program forshareholders and questioned which substance is currently being used toboost octane level in gasoline instead of lead.