Translation
THAI FACTORY DEVELOPMENT PUBLIC COMPANY LIMITED
REPORT ON SHAREHOLDERS' RESOLUTIONS
Thai Factory Development Public Company Limited would like to
report on the resolutions made at the shareholders' ordinary meeting
held on April 8, 2005. The details of the resolutions are as follows:
1.To certify the minutes made at an annual ordinary shareholders'
meeting 2004 held on April 29, 2004.
2.To acknowledge the Company's operation results and directors' report
for the year 2004.
3.To approve the balance sheet and profit/loss account as of December
31, 2004.
4.(/) Not to allocate net profit for legal reserves because the
Company's operation is still showing cumulative losses at the end
of year 2004.
(/) To omit the annual dividend payment for the operation from
January 1, 2004 to December 31, 2004 because the Company's operation
is still showing cumulative losses at the end of year 2004
5.To re-appoint the directors whose tenure has ended, as follows:
-The directors whose tenure has ended are as follows:
1. Dr. Sunthorn Sathirathai
2. Mr. Apichai Taechaubol
3. Mr. Nan Kitjalaksana
-The directors being re-appointed are as follows :
1. Dr. Sunthorn Sathirathai
2. Mr. Apichai Taechaubol
3. Mr. Nan Kitjalaksana
-To approve the directors' remuneration at Baht 3,000,000.- per
annum and authorized the Company's board of directors to allocate
the remuneration.
At present, the Company's directors are totally 9 persons as follows:
-2-
1.Dr. Sunthorn Sathirathai Chairman
2.Mr. Apichai Taechaubol Director, Executive Chairman,
and Managing Director
3.Mr. Sommart Sangkhasap Director and Audit Committee
Member
4.Mr. Thavatchai Jiaravudthi Director and Executive Director
5.Mr. Prasong Vara-ratanakul Director and Audit Committee
Chairman
6.Mr. Nan Kitjalaksana Director and Audit Committee
Member
7.Mr. Anukul Ubonnuch Director
8.Mr. Gumpol Tiyarat Director, Executive Director,
and Deputy Managing Director
9.Miss Panlada Phairojkijja Director
In addition, the existing company's directors are 11 seats.
Therefore,the board will consider the other 2 persons for
replacement.
6.To appoint the following auditors year for 2005.
Mr.Narong Puntawong CPA No. 3315 Ernst & Young Office
Co., Ltd.
Mr.Supachai Phanyawattano CPA No. 3930 Ernst & Young Office
Co., Ltd.
Ms.Siraporn Ouaanunkun CPA No. 3844 Ernst & Young Office
Co., Ltd.
- The auditing fees at Baht 610,000.- per annum.
7.Acknowledge and approve to withdraw the agenda 7: purchase the
business of other/private company to the company because the seller
had drawn back their purpose. Therefore, there is no any for
consideration anymore.
8.Other (If any)
Signature Authorized Director
(Mr. Apichai Taechaubol)
Position Managing Director
F : E-SH-RES