Attention Shareholders of KTech Construction Public Company Limited
The Board of Directors of KTech Construction Public Company Limited (hereinafter referred to as “The Company”) resolved at the Board Meeting No. 2/2017 held on the 2nd March 2017, to convene the Annual General Shareholders Meeting (AGM) for 2017 on the 28th April 2017 at 09:30 a.m.
so as to consider various matters in accordance with the proposed Agenda Items as listed below, with the Meeting to be held at the Space Conference Centre, Floor 12, The Ninth Tower, 33/4 Rama 9 Road, Huaykwang, Khet Huaykwang, Bangkok 10310
Agenda Item1 Matters announced at the Meeting by the Chairman.
Agenda Item 2 Consideration to adopt the Minutes of the Extraordinary Shareholders Meeting No. 1/2016, held on the 11th November 2016
Agenda Item 3 Acknowledgement of the Report on the Operating Performance Results of the Company for the full 2016-year period, together with business operation plans for the future.
Agenda Item 4 Consideration, to approve, the Consolidated Financial Statements and Comprehensive Statement of Income for the 2016-year financial period, ending on the 31st December 2016.
Agenda Item 5 Consideration, to approve the matter of a dividend payment and allocation of the Net Profit for 2016 for legal reserves.
Agenda Item 6 Consideration to elect Board Directors, so as to replace those Directors retiring by rotation.
Agenda Item 7 Consideration to approve the proposed remuneration for the Board Directors in the 2017 year.
Agenda Item 8 Consideration, for approval, the proposed appointment of the external Auditor for 2017, together with the associated audit fee. Agenda Item 9 Consideration to approve the resolution to decrease the registered total number of shares and capital of the Company from the current total of 3,927,213,212 shares to be the revised total of 3,927,156,902 shares, at a par value of Baht 1.00 per share, through cancelling the remaining number of ordinary shares still yet to be issued and paid up; as well as to amend the Article 4 of the Company’s Articles of Association so as to reflect and correspond to the proposed revised total registered capital of the Company.
Agenda Item 10 Consider to approve the change of par value from Baht 1.00 to 2.00 which will result in decrease of ordinary shares from 3,927,156,902 shares to 1,963,578,451 shares and amend Clause 4 of the Company’s Memorandum of Association to be consistent with the change of par value and reduced number of ordinary shares.
Agenda Item 11 Consider to approve the decrease of Company’s registered capital and paid-up capital to clear accumulated loss by reduction of par value from Baht 2.00 to Baht 0.65 to decrease the discount on capital stock and clear the accumulated loss. The registered capital and paid up capital shall be decreased from Baht 3,927,156,902 to Baht 1,276,325,994 and Clause 4 of the Company’s Memorandum of Association shall be amended to be consistent with par value reduction.
Agenda Item 12 Any other matters (if any)