Disclosure Information Detail

Logo:
Issue Code:LA3000040003
Disclosure Organization:Petroleum Trading Lao Public Company
Disclosure Date:21-03-2017
Disclosure Time:16:34:58
Disclosure Title:Clarification of the Important Resolution of Board of Director’s meeting No.I/2017.
Disclosure Type:Timely Disclosure
Disclosure Reason:Resolution of BOD's meeting
Market Classification:Listed Company
Disclosure Detail:

             No.:  014  /PTL/2017

           Vientiane Capital, Date 21 March 2017.

                       To:       Secretary - General of the Lao Securities Commission Office.

                      The CEO of the Lao Security Exchange.

                       Shareholders of Petroleum Trading Lao Public Company

Re:      Clarification of the Important Resolution of Board of Director’s meeting No.I/2017.

  • Pursuant to the Regulation in relation to reporting and Disclosure of information No.007/LSCO, dated 3/4/2014
  • Pursuant to the Regulation of Lao Securities Exchange regarding the disclosure No.22/LSX, dated 07/1/2011.

          The Petroleum Trading Lao Public Company (“PTL”) would like to clarify the important resolutions of the Board of Director meeting No.I/2017, date 28th February 2017 as follows:

Agenda 1:       Consider the company’s performance of 2016 and business plan of 2017 submit to the ordinary shareholders meeting for consideration and approval;

Agenda 2:       Reported and updated work in progress in relation to internal audit from internal audit committee; 

                   Agenda 3:       Updated work in progress in relation to issuing Bond as follow:

  • At the present the consultancy company is in the process of analysing the Rating for the Company (PTL). After receiving the feedback for rearrange Rating, the Company will step into issuing Bond.  The Company will disclosure the information on the coming steps to you in the near future.

Agenda 4:       Consider and appointment of the external auditor Ernst & Young Lao Co., Ltd. and PricewaterhouseCoopers (Lao) Sole Co., Ltd. to determination of the remuneration of 2017 submit to the ordinary shareholders meeting for consideration and approval;

Agenda 5:       Consider for renewal of the Board of Directors and internal audit committee for one more term of 2017 submit to the ordinary shareholders meeting for consideration and approval;

Agenda 6:       Approved the Record Date of register book on 24 March 2017, determine the annual general shareholder’s meeting 2016 and receiving dividend of 2016;

Agenda 7:       Consider the payment of dividend one time a year of 2017 submit to the ordinary shareholders meeting for consideration and approval;

 

                                   Your sincerely,

                       Chairman of Board Directors

                       Vang Ratanavong

 

Other reference:

Attached File(s)

Clarification of the Important Resolution of Board of Director's meeting_Lao.pdf
Clarification of the Important Resolution of Board of Director’s meeting_Eng.pdf