Thank you so much for an additional comment from Mr. Sekine in connection with the process for change of director of PTR as email below. After rechecking with Khun Ratchaya, Legal Manager - MBK, with the JV Agreement and article of association of PTR, it is required the approval from shareholders for this change. Therefore, an Extraordinary Shareholders Meeting must be carried out. We would like to summarise the process for this change as below:-
Process
Responsible by
Remark
1.
To inform to and get acknowledgement from Bangkok Tokyu and Tokyu (Japan)
Mr. Hayano
2.
To prepare the minutes of Board of Director of PTR which acknowledges of this change of director and also propose for a call of Extraordinary Shareholders Meeting for further approval of this change of director.
Mr. Pattrapol
I will notify to all directors to add a agenda of the resignation of Mr. Somboon and appointment of Ms. Chanisa to replace in the minutes of BOD Meeting # 5/2015 held on 13 July 2015.
3.
Call the Extraordinary Shareholders Meeting with the notice in a newspaper.
PTR
I propose to call a meeting on Monday 21 September 2015 and advertise in a newspaper on 1 September 2015 (at least 14 days before the meeting date).
4.
To prepare the minutes of Extraordinary Shareholders Meeting.
PTR
5.
To sign the resignation from PTR’s Director letter
Mr. Somboon
Ms. Ratchaya will give the letter form to Mr. Somboon which effective will be on 1 September 2015.
6.
To obtain the legal document from Ms. Chanisa (New Director)
Ms. Ratchaya
7.
To submit all documents for this change of director to the Ministry of Commerce
Ms. Ratchaya
8.
To change the authorised directors for cheque payment of Group B (co-sign for amount not over Baht 2 million) replacing Mr. Somboon for all bank accounts of PTR.
PTR
Should you have any queries of need more information, please let us know.