LT.F 160/2006
March 29, 2006
Subject :Resolutions of the 2006 Annual Ordinary General Meeting of
Shareholders
To :President
The Stock Exchange of Thailand
Following TICON's 2006 Annual Ordinary General Meeting of Shareholders,
held on March 29, 2006, the Company would like to announce the Meeting's
resolutions as follows:
1.To certify the Minutes of the Extraordinary General Meeting of
Shareholders No. 2/2005
2.To approve the Audited Financial Statements of the Company and its
Subsidiaries for the fiscal period ended December 31, 2005
3.To acknowledge the Company's performance for the year 2005
4.To approve the allotment of Baht 0.60 per share final dividend from
2005 net profit to the Shareholders whose names were on the Company's
share register as of March 9, 2006, at 12.00 noon, and the payment will
be made on April 28, 2006.
5.To re-elect Mr. Jirapongs Vinichbutr, Mr. Virapan Pulges and
Mr. Jean-Pierre Noel to be the Directors for another term.
6.To approve Directors' and Audit Committee members' remunerations for
the year 2006 of not exceeding Baht 5,000,000 per year.
7.To appoint Mr. Sophon Permsirivallop or Miss Rungnapa Lertsuwankul or
Miss Sumalee Reewarabundith, of Ernst & Young Office Limited, to be the
Company's auditor for the year 2006 with total remuneration of not
exceeding Baht 860,000.
8.To approve the amendment to the Company's Memorandum of Association
following the conversion of convertible preferred shares into ordinary
shares as follows:
Clause 4 The registered capital of the Company is
Baht 564,618,000.-
(Baht Five Hundred Sixty-Four Million
Six Hundred and Eighteen Thousand)
divided into 564,618,000 shares
(Five Hundred Sixty-Four Million Six Hundred
and Eighteen Thousand)
par value Baht 1.- (Baht One) each.
and classified into
ordinary share 564,618,000 shares
(Five Hundred Sixty-Four Million Six Hundred
and Eighteen Thousand);
and
preferred share 0 share
(Zero)
9.To approve the amendment to the Company's Articles of Association,
item no.11 concerning shares transfer restriction, from"The Company's
shares are freely transferable with no restriction, except such transfer
as will cause the shareholding of aliens to exceed 49 per cent" to "The
Company's shares are freely transferable with no restriction, except such
transfer as will cause the shareholding of aliens to exceed 49 per cent of
the Company's issued and paid-up shares."
10.No other business
Please be informed accordingly.
Yours faithfully
(Miss Lalitphant Phiriyaphant)
Company Secretary