ThaiPR Web Submit: TTA Announced The Annual Dividend Payment, Additional Dividend of Baht 0.70 per Share To be Paid. Annual General Meeting of Shareholders to be held on 26 January 07.
M.L. Chandchutha Chandratat, Managing Director of Thoresen Thai Agencies Plc (“TTA”), said that the Board of Directors approved an annual dividend payment of Baht 1.35 per share for the 2006 financial year. As the Board of Directors had declared an interim dividend of Baht 0.65 per share, the balance of Baht 0.70 per share will be paid to shareholders, whose names appear on TTA’s share register book on 5 Febraury 2007 at 12.00 P.M.
The final dividend payment will be made on 23 February 2007. The Board of Directors approved the audited financial statements for the financial year that ended on 30 September 2006 and acknowledged the intention of three directors, namely Mr. Pichai Chirungsappasuk, Mr. Sompong Thanasophon, and Vice Admiral Kittichai Senanarong, to retire and not seek re-election as directors for another term. Their three-year terms will end at the upcoming 1/2007 Annual General Meeting of the Shareholders (1/2007 AGM). The nomination of directors for election as directors to succeed the three retiring directors at the 1/2007 AGM will be further announced. The Board also approved the nomination of auditors and the proposed audit fees for the financial year that will end on 30 September 2007 to the 1/2007 AGM. The proposed auditors will be Ms. Nangnoi Charoenthaveesub, Ms. Nattaporn Phan-udom, and Ms. Suwannee Bhuripanyo of PricewaterhouseCoopers ABAS Limited, any of them being authorised to conduct the audit and to render an opinion on both consolidated and unconsolidated financial statements of TTA. The proposed audit fee will be Baht 3,186,000. These above mentioned resolutions of the Board of Directors will be proposed to the shareholders at the 1/2007 AGM for acknowledgement and/or for approval. Shareholders, whose names appear on TTA’s share register book on 5 January 2007 at 12.00 P.M., will have the right to attend the 1/2007 AGM. During the period from 5 January 2007 at 12.00 P.M. until the 1/2007 AGM is adjourned, the share register book will not change. The 1/2007 AGM is scheduled for 26 January 2007 at 10.00 A.M. at the Grand Ballroom, Intercontinental Hotel, Ploenchit Road, Bangkok. The agenda is as follows: 1) To approve the minutes of the previous 1/2006 Extraordinary General Meeting of the Shareholders held on 19 October 2006; 2) To acknowledge TTA’s performance for the financial year that ended on 30 September 2006; 3) To approve the audited balance sheet and the profit and loss statements for the financial year that ended on 30 September 2006 together with the Auditor’s report thereon; 4) To acknowledge the interim dividend payments; 5) To appropriate profit in the form of dividends from the profit of the financial year that ended on 30 September 2006; 6) To approve the appointment of directors to replace those who are retiring by rotation.; 7) To fix the directors’ fees.; 
To appoint auditors for the financial year that will end on 30 September 2007 and fix the auditors’ fees; and 9) To transact any other business. Bangaorn Tel. 0 2663 3226 ext. 68, 081 9047907