The Board of Directors recognized the rights of all shareholders, TK has taken actions to demonstrate its respect for basic shareholders' rights, namely to buy, sell, or transfer shares; to share the Company profit; to receive adequate information; to participate and vote in the shareholders' meeting including significant issues, as follows:
In 2007, the Company held Annual General Meeting (AGM) on April 23, 2007, granted Thailand Securities Depository Co., Ltd. as the Company securities registration agent to send out meeting notices to shareholders 17 days prior to the meeting with adequate information. These notices also contain details regarding date, time, venue and map of the meeting, agenda and related appendices together with the opinions of the Board, proxy form determined by the Ministry of Commerce, credentials of independent directors in the event of shareholders proxy voting together with the Company regulations on the meeting and voting procedures.
The Company has disseminated meeting notices together with meeting agenda posted on the Company website one month prior to the meeting for shareholders to study information in advance prior to meeting notice being delivered.
Before each meeting, Chairman explains clearly how ballots are casted and counted under the Company regulations as well as conducts balloting for each agenda separately.
Chairman allocating a suitable period of time for the meeting, conducts each meeting suitably and transparently, allowing thorough expression of views and queries before each ballot round and summarizes meeting resolution(s) on each agenda item. All Directors attend each shareholders' meeting. Each member of the standing Chairman and subcommittees may address relevant questions and concerns, posed by shareholders (if any).
The Company regularly disseminates information to shareholders via the Stock Exchange of Thailand's (SET) channel, including the Company website.
The Company sets up a channel for minority shareholders, to contact Independent Directors directly via e-mail addresses of the Corporate Secretary.
