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The date set for 2006 AGM Meeting

BackDec 22, 2006

No.7385

21 December 2006

Re: The date set for the 2006 Annual General Shareholders' Meeting of Airports of Thailand Public Company Limited

Attn: President, the Stock Exchange of Thailand

Airports of Thailand Public Company Limited (AOT) held the Board Meeting No.22/2006 on December 21, 2006, at Board Meeting's Room, 7th Floor, Head Office Building, 333 Cherdwuttagard Road, Don Muang, Bangkok. The resolutions will be proposed to the shareholders during the 2006 Annual General Shareholders' Meeting. Details of the resolutions are as follows:

1.Acknowledged the results of business operations of AOT for the fiscal year 2006 ended September 30, 2006.

2.Approved the Balance Sheet and the Statement of Income for the fiscal year 2006 ended September 30, 2006.

3.The dividend payment from the business operations of AOT for the fiscal year 2006 will be Baht 2.75 per share. The interim dividend payment has already been paid to the shareholders on October 12, 2006 for Baht 0.95 per share. The rest of the payment for Baht 1.80 per share is scheduled to be paid to the shareholders by Monday,February 26, 2007.

4.The closing date of the AOT's share registration for the right to receive the dividend will be on Friday, January 5,2007 at 12.00 hours.

5.Approval of the Board of Directors' remuneration and meeting allowance for the year 2007 as proposed by the Remuneration Committee are as follows:

5.1 Remuneration and Meeting Allowance for 2007

5.1.1 Board of Directors

1) Monthly remuneration of Baht 20,000. If not holding the position for the full period, the remuneration will be calculated according to the positioning timeframe.

2) Meeting allowance of Baht 10,000 for each attended meeting.

3) The Chairman and the Vice Chairman of the Board will receive additional of 25% and 12.5%, respectively, more than the other Board members.

4) AOT's staff who works as the assistant to the secretary will receive the allowance of Baht 5,000 per meeting.

5.1.2 Audit Committee

Each member of the Board of Directors receives monthly remuneration of Baht 20,000, with the Chairman of the Board receiving additional of 25% more than the other Board members. AOT's staff who works as the assistant to the secretary will receive the monthly meeting allowance of Baht 10,000. The remuneration / meeting allowance will also be paid for the month during which no meeting is held. (According to Cabinet's resolution on April 23, 2000) If not holding the position for the full period, the remuneration will be calculated in accordance with the positioning timeframe.

5.1.3 A Board member who is appointed by the AOT's Board of Directors to be a chairman and member of committee, sub-committee or working group

1) In such case when AOT's Board member is a member of committee, sub-committee or working groups, such Board member will receive meeting allowance of Baht 10,000 for each attended meeting. The Chairman and the Vice-Chairman of committee, sub-committee or working groups will additionally receive 25% and 12.5% more than the other Board members respectively. The secretary and assistant to the secretary of the committee, sub-committee or working groups, who is not the Board member, will receive meeting allowance by 50% and 25% of AOT's Board of Director's monthly allowance accordingly.

2) In such case when AOT's Board member, the President, AOT's staffs as well as any other person is member of the committee, sub-committee or working group, such Board member will receive meeting allowance of Baht 10,000 for each attended meeting. The others will receive monthly allowance of Baht 2,000 for each attended meeting. The Chairman and the Vice-Chairman of committee, sub-committee or working groups will additionally receive 25% and 12.5% more than the other Board members respectively. The secretary and assistant to the secretary of committee, sub-committee or working groups, who is not a member of AOT's Board of Directors, will receive meeting allowance by 50% and 25% of AOT's Board of Directors' meeting allowance accordingly.

3) In such case when committee, subcommittee or working groups as stated in 1) and 2) appoints sub working groups, AOT's Board member and the other persons will receive meeting allowance of Baht 5,000 and 2,000 for each attended meeting.The Chairman and the Vice-Chairman of committee, sub-committee or working groups will additionally receive 25% and 12.5% more than the other Board members respectively.

5.1.4 AOT's staffs who are appointed by the AOT's Board of Directors to be chairman or member of committee, sub-committee or working group

Each Board member will receive meeting allowance of Baht 1,500 for each attended meeting. The Chairman and the Vice-Chairman of committee, sub-committee or working groups will additionally receive 25% and 12.5% more than the other Board members respectively.

5.1.5 The Advisor to the Chairman and AOT's Board of Directors

The Advisor to the Chairman of Board and AOT's Board of Directors will receive monthly remuneration of Baht 20,000, meeting allowance of Baht 10,000 for each attended meeting with the committee, sub-committee or working group, in accordance with 5.11, 5.1.3(1), 5.1.3(2), and the meeting allowance of Baht 5,000 for each attended meeting with sub working groups in accordance with 5.1.3(3)

5.2 Limitation of monthly allowance

5.2.1 Allow 3 working groups, appointed in accordance with the Government's Policy, including the problem-solving for passengers, staffs and people in the vicinity of Suvarnabhumi airport working group, the anti - criminal and terrorist working group, the anti-corruption in the procurement and recruitment, and AOT's Board of Directors including all members of these three sub-working group to receive meeting allowance for each meeting attendance.

5.2.2 AOT's Board member and the Advisor to the Chairman of the Board, who are appointed to be a member of committee, sub-committee, or working group and sub-working group, apart from member stated on 5.2.1 and audit committee, will receive additional meeting allowance of, not exceeding, Baht 20,000 per month, as stated on 5.1.3. Nonetheless, Chairman and Vice Chairman of the Board will receive additional allowance of 25% and 12.5% accordingly.

5.2.3 Any AOT's staffs, including the President, who are appointed to be member of the committee, sub-committee, working groups and sub-working groups, apart from members stated on 5.2.1 and audit committee, will receive meeting allowance for,not exceeding,4 meetings per month. In case there are multiple allowance rates throughout the month, the highest allowance rate will be applied for that particular month.

5.2.4 Any other person, who is appointed to be a member of the committee, sub-committee, working group or sub-working group, will receive allowance for every meeting attendance.

5.2.5 The President's Advisor, who is appointed to be a member of the committee in 5.1.3 and 5.1.4, will receive the meeting allowance as same as AOT's staffs. Nevertheless, the remuneration and meeting allowance budget for the year 2007 shall not exceed Baht 15 millions.

5.3 Bonus

Each member of Board of Directors, who holds the position for the full year, will receive the bonus of Baht 1,200,000 for the year 2007, with Chairman and Vice Chairman of the Board receiving additional allowance of 25% and 12.5% accordingly. Otherwise, the bonus will be paid proportionally to the period the position is held. In addition, a person acting in place of the President and the President, who is a member of AOT's Board of Directors, will be entitled for bonus as well.

6. Resolution on appointing the Officer of the Auditor General as the AOT's auditor for the year 2007, ended September 30, 2007 and the auditing fees have been set to Baht 2,250,000 a year.

7. Resolution on retirement of one-third of the 14 members of AOT's Board of Directors by drawing process at the Annual General Shareholders' Meeting, according to AOT's regulation No.39. Also, AOT shall present the resolution to the sharholder at the 2006 Annual General Shareholders' Meeting in order to get approval for such Board members to be appointed for another term, as proposed by the Recruitment Committee. Retired members are as follows:

7.1 General Saprang Kalyanamitr Independent Director
7.2 Mr.Vudhibhandhu Vichairatana Director
7.3 Air Vice Marshal Ittaporn Subhawong Director
7.4 Mr.Areepong Bhoocha-oom Director
7.5 Mr.Chotisak Asapaviriya Director

8. Resolution to add one more member to the AOT's Board of Directors, according to AOT's regulation No.36. The Board of Directors has asked the Recruitment Committee to propose the name of the new member to the Board meeting and the Board will present this proposal at the 2006 Annual General Shareholders' Meeting.

9.Resolution on the amendment of AOT's Articles of the company on the president position of Thai version (Both old and revised English version are still using the same word of "the President") and also adding one more AOT's objective to Company Registration Book as follows:

"36. To provide the training services to the personnel of the private or government sector regarding the safety and security measures and also the deploy rescue and fire fighting facilities."

10.Resolution on holding the 2006 Annual General Shareholders' Meeting,of which details are as follows:

10.1 The date set for the 2006 Annual General Shareholders' Meeting is Friday, January 26, 2007 at 14.00 hrs., at Banquet Room, Airport Club, 2nd floor, 333 Cherdwutagard Road, Don Mueang, Bangkok. The agenda of the 2006 Annual General Shareholders' Meeting are as follows:

Agenda 1 Reporting from the Chairman

Agenda 2 Approval of the minutes of the Extraordinary General Meeting of Shareholders No.1/2006 on November 16, 2006

Agenda 3 Acknowledgment of the year 2006 operating results

Agenda 4 Approval of Financial Statement, including Balance Sheet and Income Statement, for the year 2006, ended September 30,2006

Agenda 5 Consideration on the dividend payment for the year 2006

Agenda 6 Consideration on annual remuneration, meeting allowance and bonus payment

Agenda 7 Consideration on the appointment of AOT's auditor and determining audit fees for the Year 2007

Agenda 8 Consideration on the amendment of AOT's Articles of the company and adding AOT's objectives to Company Registration Book.

Agenda 9 Consideration on the replacement of retired board members

Agenda 10 Consideration on the appointment of additional Board member.

Agenda 11 Other subjects (if any)

10.2 The date set for the closing of the share register for the right to attend the 2006 Annual General Shareholders' Meeting and to receive dividend, is Friday, January 5, 2007 from 12.00 hrs until the 2006 Annual General Shareholders' Meeting is over.

Please be informed accordingly,

 

Yours Sincerely,

 

Mrs. Kulya Pakakrong
Senior Executive Vice President (Planning and Finance)