Bangkok--Dec 26--Thai Airways International
Thai Airways International Public Company Limited held its Annual General Shareholders’ Meeting 2005 at Event Hall 106 B, BITEC, Bangna-Trad Road, chaired by Mr. Wanchai Sarathulthat, THAI’s Chairman of the Board of Directors, along with THAI’s Board of Directors, Mr. Somchainuk Engtrakul, THAI’s Member of the Board of Directors Acting as President, THAI’s Management, and THAI’s shareholders, with the following issues discussed:
1. THAI’s Financial Results 2005
At THAI’s Annual General Shareholders’ Meeting, it was reported that during fiscal year 2005 (October 2004 — September 2005) THAI achieved a total revenue of 162,488 million baht and a net profit of 6,777 million baht. When compared to the same period last year, the net profit decreased by 3,300 million baht or 32.7 percent, which amounts to a net profit per share of 4.0 baht for fiscal year 2005 ending September 2005, compared to a net profit per share of 6.14 baht during the same period the previous year.
2. Distribution of Dividend
THAI’s Annual General Shareholders’ Meeting approved the distribution of dividend for fiscal year 2005 to shareholders at 1,698,889,750 shares at 1.50 baht per share at a total of 2,548,334,625 baht. The payment of dividend will be made to shareholders with names registered in the shareholders’ registration book on Friday, 6 January 2006 with dividend payment scheduled to take effect on Friday, 20 January 2006.
3. Appointment of New Members of THAI’s Board of Directors
The Annual General Shareholders’ Meeting approved the appointment of 5 new Board of Directors to replace board members who resigned according to the Article 17 of the Article of Association as proposed by the Nomination Committee:
1. Mr. Srisook Chandrangsu
2. Mr. Somchainuk Engtrakul
3. Mr. Chai-anan Samudavanija
4. Mr. Chartsiri Sophonpanich
5. Mr. Thirachai Vudhidhama
THAI announced the election of 15 members to THAI’s new Board of Directors 2005 as follows:
1. Mr. Wanchai Sarathulthat Chairman
Permanent Secretary, Ministry of Transport
2. Mr. Suparut Kawatkul Director
Permanent Secretary, Ministry of Finance
3. Mr. Olarn Chaipravat Director
Council Chairman, Shinawatra University
4. Mr. Borwornsak Uwanno Director
Secretary - General to the Cabinet
The Secretariat of the Cabinet
5. Mr. Vichit Suraphongchai Director
Chairman of the Executive Committee
Siam Commercial Bank Public Company Limited
6. Mr. Vudhibhandhu Vichairatana Director
Director, The Bureau of the Budget
7. Pol. Gen. Nopadol Somboonsub Director
Consultant, True Corporation
8. Mr. Prasit Damrongchai Director
Director, Krung Thai Bank Public Company Limited
9. Mr. Pichai Chunhavajira Director
Senior Executive Vice President for Corporate Finance
and Accounting, PTT Public Company Limited
10. Mr. Kanok Abhiradee Director
President, Thai Airways International Public Company Limited
11. Mr. Somchainuk Engtrakul Director
Chairman of the Board
Thai Military Bank Public Company Limited
12. Mr. Chartsiri Sophonpanich Director
President, Bangkok Bank Public Company Limited
13. Mr. Tirachai Vutithum Director
Vice President, Rattana Bundit University
14. Air Chief Marshal Chalit Pukbhasuk Director
Commander-in-Chief, Royal Thai Air Force
15. Mr. Pachara Yuthidhammadamrong Director
Attorney General
The appointment of THAI’s Board of Directors takes effect today onwards. Attending THAI’s Annual General Shareholders were 1,124 shareholders, representing 1,422,973,761 shares. End.