News
Notification Of AGM 2005 And Dividend Payment
No. 7949/2005
19 December 2005
Re: Notification of Resolution of the Board of Directors' Meeting of
Airports of Thailand Public Company Limited No. 18/2005
Attn: President, the Stock Exchange of Thailand
Whereas the Board of Directors of Airports of Thailand Public Company
Limited (AOT) convened the Board of Directors' Meeting No. 18/2005 on
Monday the 19th of December 2005 at AOT Board of Directors Meeting
Room, AOT Head Office, No.333 Cherdwutagard Road, Don Mueang, Bangkok;
AOT, therefore, would like to notify of the significant resolutions of
the Board of Directors' Meeting No. 18/2005 as follows:
1. Acknowledged the results of business operations of AOT for the
fiscal year 2005 ended on the 30th of September 2005.
2. Approved the Balance Sheet and the Statement of Income for the
fiscal year 2005 ended on 30th of September 2005.
3. Approved the allocation of profit and the dividend payment from
the business operations of AOT for the fiscal year 2005, the details of
which are as follows:
3.1 The allocation of 13.49 per cent of AOT's annual net profit
as a reserve fund in the amount of Baht 999,548,074.86
3.2 The dividend payment from the business operations of AOT for
the fiscal year 2005 will be Baht 1.70 per share and will be paid to
shareholders by Tuesday the 28th of February 2006.
3.3 The closing date of the AOT's share registration for the
right to receive the dividend will be on Friday the 6 th of January
2006 at 12.00 hours.
4. Approved one-third of the directors to retire by rotation in the
year 2005 of General Meeting of Shareholders according to the Article
39 of the Article of Association of AOT, the details of which are as
follows:
4.1 Mr. Srisook Chandrangsu
4.2 Mr. Somchai Wongsawat
4.3 GEN. Vichit Yathip
4.4 Mr. Worsak Kanok-Nukul Chai
4.5 Mrs. Soithip Trisuddhi
And approved the re-election of the retiring directors to be AOT's
directors for another session.
5. Approved the Board of Directors' remuneration for the year 2006 as
proposed by the Remuneration Committee as follows:
5.1 Meeting Allowance
(1) Meeting allowance for the Board of Directors comprises
of the following (not exceeding 12 monthly allowance per year)
- monthly allowance of Baht 20,000 per month
- additional meeting allowance of Baht 10,000 per
meeting (for those present at the meeting)
(2) Meeting allowance for audit committee
- monthly allowance of Baht 20,000 per month
(3) Monthly allowance for the directors only the persons
appointed as committee / sub-committee by the Board of Directors
- meeting allowance of Baht 10,000 per meeting (for
those present at the meeting)
(4) Additional meeting allowance for president, vice
president / sub-committee of 25 per cent and 12.5 per cent respectively
(5) Meeting allowance for the year 2006 in the amount of
not exceeding Baht 12,500,000
5.2 Bonus
Bonus for the Board of Directors for the year 2005 shall be the amount
of Baht 975,000 per person per year. The calculation of bonus shall be
based on the period of time in office whereby the president and vice
president will receive bonus in the amount higher than those of the
Board of Directors in the amount of 25 per cent and 12.5 per cent
respectively and the Senior Executive Vice President Acting
President will also receive the bonus payment.
6. Appointed the Office of the Auditor General as AOT's auditor for
the fiscal year 2006 ended on the 30th of September 2006, and the audit
shall be the amount of not exceeding Baht 2,150,000
7. Approved that the 2005 Annual General Meeting of Shareholders be
held of which details are as follows:
7.1 The 2005 Annual General Meeting of Shareholders is scheduled
to be held on Friday the 27 th of January 2006 at 10.00 hours, at
Banquet Room, Airport Club Building, 2nd Floor,No.333 Cherdwutagard
Road, Don Mueang, Bangkok, to consider the following agendas:
Agenda 1 To consider and approve the minutes of the 2005
Annual General Meeting of Shareholders
Agenda 2 The Board of Directors reports of the Board of
Directors concerning results of business operations of AOT for the year
2005 for acknowledgement
Agenda 3 To consider and approve the Balance Sheet and
Income Statement for the fiscal year 2005 ended on the 30th of September
2005
Agenda 4 To consider the allocation of the profit and the
dividend payment
Agenda 5 To consider the election of Directors retired by
rotation
Agenda 6 To consider the payment of annual remuneration to
Directors
Agenda 7 To consider the appointment of an auditor and
determination of audit fee
Agenda 8 Other Business (if any)
7.2 The AOT's share register book will be closed in order to
determine the rights of shareholders to attend the 2005 Annual General
Meeting of Shareholders on Friday the 6 th of January 2006 starting
from 12.00 hours until the 2005 Annual General Meeting of Shareholders
is completed.
Please be informed and further proceed with public disclosure
accordingly.
Yours Sincerely,
Supatra meesawan
Mrs. Supatra Meesawan
Senior Executive Vice President (Planning and Finance)
Authorized Person
