SET Releases

Thanulux Plc. (TNL) declared the resolutions made by shareholders' meeting no.23 held on April 28, 1997 as follows: 1. To confirm on the minutes of shareholders' meeting no.22. 2. To acknowledge the results of operation during 1996. 3. To approve balance sheet and profit/loss account for the year ended December 31, 1997. 4. To approve appropriation of profits and dividend payment as the board's meeting had proposed as follows: - Legal reserve Bt5,400,338.56 - Dividends(Bt4.00 per share) Bt48,000,000.00 for BOT's operation which will be payable on May 19, 1997 - Directors' bonus Bt2,640,000.00 5. To re-elect 5 directors who must retire by rotation for another term. The names are listed below: 1) Mr.Bunyasith Chokwattana 2) Mr.Padung Techasarin 3) Mr.Prapan Sirirattamrong 4) Mrs.Varin Lilanuwat 5) Miss Dussadi Suntorntamrong As a result, all directors are as follows: 1) Mr.Bunyasith Chokwattana 2) Mr.Somchai Songsakdeja 3) Mrs.Varin Lilanuwat 4) Mr.Vinai Panusuwan 5) Miss Dussadi Suntorntamrong 6) Mr.Manu Lilanuwat 7) Mr.Poo Pavarolarnwittaya 8) Mr.Vichai Sutithivanich 9) Mr.Sompol Chaisiriroj 10) Mr.Supoj Pakaworawut 11) Mr.Prapan Sirirattamrong Dependent Director 12) Mr.Padung Techasarin Dependent Director 6. To appoint Mr.Natee Saengudomlerd, Certified Public Accountant No.300, of Thammakarn Accounting Office to be the company's auditor for 1997 fiscal year with the remuneration of Bt280,000 a year. 7. To allocate Bt500 million as a sum of loan for TNL business- related companies under general trade terms or better one. 8. To allocate not over 1 time of total assets of the company as the collateral for TNL business-related companies under general trade terms or better one.