Reports to the Stock Exchange
Resolution of the Annual General Meeting of Shareholders No. 1/2012
Dividend consideration
Subject : Cash dividend payment
Date of Board resolution : 22-Feb-2012
Type of dividend payment : Cash dividend payment
Record date for the right to receive : 10-May-2012
dividends
Book closing date for collecting : 11-May-2012
shareholders names under Section 225 of
the Securities and Exchange Act
Ex-dividend date : 08-May-2012
Payment for : Common shareholders
Cash dividend payment (baht per share) : 0.50
Par value (baht) : 1.00
Paid from :
Operating period from 01-Jul-2011 to 31-Dec-2011
______________________________________________________________________
Resolution of securities holders
Subject : Shareholders meeting's resolution
Meeting date : 26-Apr-2012
Meeting's resolution : Accordingly approved with board's
resolution
Remark :
Ref.No.IVL008/04/2012
26 April, 2012
President
The Stock Exchange of Thailand
Subject: Resolution of the Annual General Meeting of Shareholders No. 1/2012
Indorama Ventures Public Company Limited ("IVL") held the Annual General Meeting
of Shareholders No. 1/2012 on Thursday 26th April 2012, at 2.00 p.m. at Athenee
Crystal Hall, Plaza Athenee Bangkok A Royal Meridien Hotel, 61 Wireless Road,
Bangkok 10330. There were 1,636 shareholders attending the Meeting, representing
3,093,034,871 shares, equivalent to 81.07%. The Meeting has resolved as
follows:
1. Approved the Minutes of the Extraordinary General Meeting of Shareholders No.
1/2011 dated 22 September 2011 by majority votes as follows:
Approved 3,922,871,520 vote(s) equivalent to 99.58%
Disapproved - vote(s) equivalent to - %
Abstained 16,544,116 vote(s) equivalent to 0.42%
2. Acknowledged the 2011 performance report
3. Approved the Balance Sheet and Profit and Loss Accounts for the year 2011
ended 31 December 2011 by majority votes as follows:
Approved 4,067,993,418 vote(s) equivalent to 99.31%
Disapproved - vote(s) equivalent to - %
Abstained 28,125,799 vote(s) equivalent to 0.69%
4. Approved the appropriation to legal reserve of Baht 252,935,672 and approved
the dividend payment for the year ended December 31, 2011 of Baht 1.00 per share
amounting to Baht 4,814,257,245. The Company has already paid an interim
dividend to shareholders at Baht 0.50 per share, amounting to Baht
2,407,128,622.50 on 5 September 2011 and the Company will pay the remaining
dividend of Baht 0.50 per share, amounting to Baht 2,407,128,622.50. The name of
shareholders who have right to receive dividend shall be recorded on 10 May
2012 and the book closing date shall be 11 May 2012, on which the shareholders
list as specified in section 225 of the Securities and Exchange Act shall be
complied. The dividend payment shall be made on 24 May 2012. The Meeting has
passed the above resolution by majority votes as follows:
Approved 4,067,958,918 vote(s) equivalent to 99.31%
Disapproved 6,388 vote(s) equivalent to - %
Abstained 28,153,911 vote(s) equivalent to 0.69%
5. Approved the re-election of Mr. William Ellwood Heinecke, Dr. Siri
Ganjarerndee, Mr. Kenneth See, Mr. Maris Samaram and Mr. Dilip Kumar Agrawal to
serve as directors for another term, by majority votes as follows:
1) Mr. William Ellwood Heinecke - Independent Director and Chairman of
Nomination,
Compensation and
Corporate Governance
Committee
Approved 3,984,398,081 vote(s) equivalent to 97.27%
Disapproved 65,499,218 vote(s) equivalent to 1.60%
Abstained 46,257,422 vote(s) equivalent to 1.13%
2) Dr. Siri Ganjarerndee - Independent Director and Member of Nomination,
Compensation and Corporate
Governance Committee
Approved 4,066,773,010 vote(s) equivalent to 99.28%
Disapproved 25,800 vote(s) equivalent to 0.00%
Abstained 29,355,911 vote(s) equivalent to 0.72%
3) Mr. Kenneth See - Independent Director and Member of Nomination,
Compensation and Corporate Governance
Committee
Approved 4,066,824,899 vote(s) equivalent to 99.28%
Disapproved 25,800 vote(s) equivalent to 0.00%
Abstained 29,304,022 vote(s) equivalent to 0.72%
4) Mr. Maris Samaram - Independent Director and Member of Audit Committee
Approved 4,066,766,399 vote(s) equivalent to 99.28%
Disapproved 25,800 vote(s) equivalent to 0.00%
Abstained 29,362,522 vote(s) equivalent to 0.72%
5) Mr. Dilip Kumar Agarwal - Director
Approved 4,063,014,245 vote(s) equivalent to 99.19%
Disapproved 3,780,554 vote(s) equivalent to 0.09%
Abstained 29,359,922 vote(s) equivalent to 0.72%
6. Approved the remuneration of directors for the year 2012 not exceeding Baht
35,000,000 and authorize the Board of Directors to allocate the above
remuneration to directors by majority votes as follows:
Approved 4,048,745,733 vote(s) equivalent to 98.84%
Disapproved 19,244,077 vote(s) equivalent to 0.47%
Abstained 28,171,511 vote(s) equivalent to 0.69%
7. Approved the appointment of Mr. Winid Silamongkol, CPA No. 3378 and/or Mr.
Veerachai Ratanajaratkul, CPA No. 4323 and/or Mr. Charoen Phosamritlert, CPA No.
4068 and/or any other Certified Public Accountant nominated by KPMG Phoomchai
Audit Co., Ltd., as the auditor of the Company and approved the audit fee for
the year 2012 not exceeding Baht 7,800,000 by majority votes as follows:
Approved 4,066,987,623 vote(s) equivalent to 99.28%
Disapproved 14,000 vote(s) equivalent to 0.00%
Abstained 29,286,211 vote(s) equivalent to 0.72%
Please be informed accordingly.
Sincerely yours,
(Mr. Souvik Roy Chowdhury)
Company Secretary
______________________________________________________________________
This announcement was prepared and disseminated by listed company or issuer
through the electronic system which is provided for the purpose of dissemination
of the information and related documents of listed company or issuer to the
Stock Exchange of Thailand only. The Stock Exchange of Thailand has no
responsibility for the correctness and completeness of any statements, figures,
reports or opinions contained in this announcement, and has no liability for any
losses and damages in any cases. In case you have any inquiries or
clarification regarding this announcement, please directly contact listed
company or issuer who made this announcement.
Subject : Cash dividend payment
Date of Board resolution : 22-Feb-2012
Type of dividend payment : Cash dividend payment
Record date for the right to receive : 10-May-2012
dividends
Book closing date for collecting : 11-May-2012
shareholders names under Section 225 of
the Securities and Exchange Act
Ex-dividend date : 08-May-2012
Payment for : Common shareholders
Cash dividend payment (baht per share) : 0.50
Par value (baht) : 1.00
Paid from :
Operating period from 01-Jul-2011 to 31-Dec-2011
______________________________________________________________________
Resolution of securities holders
Subject : Shareholders meeting's resolution
Meeting date : 26-Apr-2012
Meeting's resolution : Accordingly approved with board's
resolution
Remark :
Ref.No.IVL008/04/2012
26 April, 2012
President
The Stock Exchange of Thailand
Subject: Resolution of the Annual General Meeting of Shareholders No. 1/2012
Indorama Ventures Public Company Limited ("IVL") held the Annual General Meeting
of Shareholders No. 1/2012 on Thursday 26th April 2012, at 2.00 p.m. at Athenee
Crystal Hall, Plaza Athenee Bangkok A Royal Meridien Hotel, 61 Wireless Road,
Bangkok 10330. There were 1,636 shareholders attending the Meeting, representing
3,093,034,871 shares, equivalent to 81.07%. The Meeting has resolved as
follows:
1. Approved the Minutes of the Extraordinary General Meeting of Shareholders No.
1/2011 dated 22 September 2011 by majority votes as follows:
Approved 3,922,871,520 vote(s) equivalent to 99.58%
Disapproved - vote(s) equivalent to - %
Abstained 16,544,116 vote(s) equivalent to 0.42%
2. Acknowledged the 2011 performance report
3. Approved the Balance Sheet and Profit and Loss Accounts for the year 2011
ended 31 December 2011 by majority votes as follows:
Approved 4,067,993,418 vote(s) equivalent to 99.31%
Disapproved - vote(s) equivalent to - %
Abstained 28,125,799 vote(s) equivalent to 0.69%
4. Approved the appropriation to legal reserve of Baht 252,935,672 and approved
the dividend payment for the year ended December 31, 2011 of Baht 1.00 per share
amounting to Baht 4,814,257,245. The Company has already paid an interim
dividend to shareholders at Baht 0.50 per share, amounting to Baht
2,407,128,622.50 on 5 September 2011 and the Company will pay the remaining
dividend of Baht 0.50 per share, amounting to Baht 2,407,128,622.50. The name of
shareholders who have right to receive dividend shall be recorded on 10 May
2012 and the book closing date shall be 11 May 2012, on which the shareholders
list as specified in section 225 of the Securities and Exchange Act shall be
complied. The dividend payment shall be made on 24 May 2012. The Meeting has
passed the above resolution by majority votes as follows:
Approved 4,067,958,918 vote(s) equivalent to 99.31%
Disapproved 6,388 vote(s) equivalent to - %
Abstained 28,153,911 vote(s) equivalent to 0.69%
5. Approved the re-election of Mr. William Ellwood Heinecke, Dr. Siri
Ganjarerndee, Mr. Kenneth See, Mr. Maris Samaram and Mr. Dilip Kumar Agrawal to
serve as directors for another term, by majority votes as follows:
1) Mr. William Ellwood Heinecke - Independent Director and Chairman of
Nomination,
Compensation and
Corporate Governance
Committee
Approved 3,984,398,081 vote(s) equivalent to 97.27%
Disapproved 65,499,218 vote(s) equivalent to 1.60%
Abstained 46,257,422 vote(s) equivalent to 1.13%
2) Dr. Siri Ganjarerndee - Independent Director and Member of Nomination,
Compensation and Corporate
Governance Committee
Approved 4,066,773,010 vote(s) equivalent to 99.28%
Disapproved 25,800 vote(s) equivalent to 0.00%
Abstained 29,355,911 vote(s) equivalent to 0.72%
3) Mr. Kenneth See - Independent Director and Member of Nomination,
Compensation and Corporate Governance
Committee
Approved 4,066,824,899 vote(s) equivalent to 99.28%
Disapproved 25,800 vote(s) equivalent to 0.00%
Abstained 29,304,022 vote(s) equivalent to 0.72%
4) Mr. Maris Samaram - Independent Director and Member of Audit Committee
Approved 4,066,766,399 vote(s) equivalent to 99.28%
Disapproved 25,800 vote(s) equivalent to 0.00%
Abstained 29,362,522 vote(s) equivalent to 0.72%
5) Mr. Dilip Kumar Agarwal - Director
Approved 4,063,014,245 vote(s) equivalent to 99.19%
Disapproved 3,780,554 vote(s) equivalent to 0.09%
Abstained 29,359,922 vote(s) equivalent to 0.72%
6. Approved the remuneration of directors for the year 2012 not exceeding Baht
35,000,000 and authorize the Board of Directors to allocate the above
remuneration to directors by majority votes as follows:
Approved 4,048,745,733 vote(s) equivalent to 98.84%
Disapproved 19,244,077 vote(s) equivalent to 0.47%
Abstained 28,171,511 vote(s) equivalent to 0.69%
7. Approved the appointment of Mr. Winid Silamongkol, CPA No. 3378 and/or Mr.
Veerachai Ratanajaratkul, CPA No. 4323 and/or Mr. Charoen Phosamritlert, CPA No.
4068 and/or any other Certified Public Accountant nominated by KPMG Phoomchai
Audit Co., Ltd., as the auditor of the Company and approved the audit fee for
the year 2012 not exceeding Baht 7,800,000 by majority votes as follows:
Approved 4,066,987,623 vote(s) equivalent to 99.28%
Disapproved 14,000 vote(s) equivalent to 0.00%
Abstained 29,286,211 vote(s) equivalent to 0.72%
Please be informed accordingly.
Sincerely yours,
(Mr. Souvik Roy Chowdhury)
Company Secretary
______________________________________________________________________
This announcement was prepared and disseminated by listed company or issuer
through the electronic system which is provided for the purpose of dissemination
of the information and related documents of listed company or issuer to the
Stock Exchange of Thailand only. The Stock Exchange of Thailand has no
responsibility for the correctness and completeness of any statements, figures,
reports or opinions contained in this announcement, and has no liability for any
losses and damages in any cases. In case you have any inquiries or
clarification regarding this announcement, please directly contact listed
company or issuer who made this announcement.