Bangkok--31 Jul--BTSC
On July 28th 2010 Mr. Keeree Kanjanapas, Executive Chairman of Bangkok Mass Transit System Public Company Limited ( BTSC ) convened the Annual Shareholders Meeting at the BTSC Head Office. For the second continuous financial year, the Board of Directors of the company approved a dividend payment to shareholders of 0.405 baht per share, totaling Baht 650,718,912.95 million.
Following good performance during the year, the Company gained a total net profit of Baht 5,510.3 million, consisting of increased Fare box revenues, space rental income and service income from BTS stations, including proceeds from train operating management on the Silom Line extension.
In addition, the meeting appointed Pol. Maj.Gen.Vara Iammongkol, Mr. Kong Chi Kueng, Mr. Lo Yun Sum and Mr. Nattasak Chaichana as Directors, replacing outgoing Directors. Also, Ms. Pijittra Mahapol was appointed as a new Independent Director.
Improvement in BTSG Performance
On July 29th 2010, BTS Group Holdings Public Company Limited (BTSG) held its Annual Shareholders Meeting at the Eastin Hotel Bangkok, during which the company’s Board of Directors reported on the performance of BTSG during fiscal year 2010. According to financial results, the Company has established a good growth pattern, with revenues expanding by 83 % compared to the previous year. In particular, growth in the real estate business is up by 32 %.
The Meeting also approved the appointment of 10 members to the Board of Directors, including Mr. Keeree Kanjanapas, Mr. Kavin Kanjanapas, Dr. Anat Arbhabhirama, Mr. Surapong Laoha-Unya, Mr. Rangsin Krittaluksana, Mr.Craig Webster, Mr.John Sunderland etc and 5 Independent Directors, including Lt.Gen.Phisal Thepsithar, Mr.Amorn Chandarasomboon, Mr. Sujin Wanglee and Mr. Charoen Wattanasin.