Disclosure Information Detail

Logo:
Issue Code:LA3000090008
Disclosure Organization:Lao AgroTech Public Company
Disclosure Date:24-03-2020
Disclosure Time:18:30:01
Disclosure Title:Resolution of the 01st Ordinary Meeting of LAT's Board of Directors for the year 2020
Disclosure Type:Timely Disclosure
Disclosure Reason:Resolution of BOD's meeting
Market Classification:Listed Company
Disclosure Detail:

Resolution of 1st Ordinary Meeting of LAT’s Board of Directors for the year 2020, on 24 March 2020.

      Lao Agrotech Public Company would like to notify the Resolution of 1st Ordinary Meeting of LAT’s Board of Directors for the year 2020 was held at 14:00 on the 24 March 2020 at Crowne Plaza Vientiane, Nongduang Nua Village, Sikhottabong District, Vientiane, Lao PDR. The Meeting discussed and resolved on the significant matters as follows:

1.  The meeting adopted the business operation report of the company for 2019, and the financial report of the company of the year 2019 which were audited by external auditors and will be proposed to the Annual General Shareholders’ Meeting for the year 2019 to consider and adopt;

2.  The meeting adopted the business operation plan of the company for the year 2020 to propose to the Shareholders’ meeting to adopt;

3.  The meeting agreed to propose to the Shareholders’ meeting to consider and approve to non-dividend payment from the business operation of the company for 2019;

4.  The meeting agreed to propose to the Shareholders’ meeting to consider and approve the allowance to attend a meeting of member of the board of director of the company as follows:

-     Chairman of the Board of Directors                 1,500,000 kip per 1 time

-     Vice-Chairman of the Executive Council         1,000,000 kip per 1 time

-     The member of the board of directors               1,000,000 kip per 1 time

5.  The Meeting agreed to propose to the Shareholders’ Meeting to consider and approve the appointment of PricewaterhouseCoopers (Lao) Sole Company Limited to be the external auditor of the company for 2020 with the ranging audit service fee of not much more than 41,000 USD.

6.  Adopted the preparation of the Annual Shareholders' Meeting of 2019 as follows:

  • Determined on 07th April 2020 is the record date of shareholders register book to determine the rights of shareholders to attend the Annual General Shareholders’ meeting for the year 2019;
  • Determined on 30th April 2020 is the date for the Shareholders’ meeting for the year 2019, at the meeting room 8th Floor of Lao Securities Exchange;
  • Determined the Agenda of Shareholders’ meeting for the year 2019 as follows:
    1. To consider and adopt the Minutes of the Annual General Shareholders’ meeting for the year 2018;
    2. To consider and adopt the business operation report of the company for 2019 and the financial report of the company of the year 2019;
    3. To consider and adopt the business plan of the company for 2020;
    4. To consider and approve to non-dividend payment from the business operation of the company for 2019;
    5. To consider and approve the allowance to attend a meeting of member of the board of director of the company;
    6. To consider and approve the appointment of the external auditor of the company for 2020;
    7. To consider and approve the appointment of the external auditor and determination of remuneration for the external auditor for 2020;
    8. Others ( if applicable )

Therefore, please kindly be informed accordingly           

                                                                                                    Sincerely yours

                                                                                      Chairman of the Board of Directors

                                                                                             Mr. Apisit Rujikeatkamjorn 

Other reference:
  • Pursuant to the Reporting and Disclosure decision of the Lao Securities Commission  No.004/LSC dated 28 January 2019;
  • Pursuant to the Disclosure Regulation of the Lao Securities Exchange No. 008/LSX dated 27 September 2018.

Attached File(s)

ມະຕິກອງປະຊຸມສະພາບໍລິຫານ ສະໄຫມສາມັນ ຄັ້ງທີ 01-2020.pdf
Resolution of the 01st Ordinary Meeting of LAT's Board of Directors for the year 2020.pdf