Reference No. UMI 03/2009
February 25th, 2009
Subject: The Board of Directors' Opinion in Each Agenda
To : The President
The Stock Exchange of Thailand (SET)
The Union Mosaic Industry Public Company Ltd. ("the Company") would
like to add the Board of Directors' Opinion in each agenda that is specified
in the clause no. 4 of the letter announce the resolutions of the Board of
Directors' Meeting no. 1/2009 dated February 24th, 2009 as follows:
Agenda No. 1: To consider acknowledgement of the minutes of the
2008 Annual General Meeting of Shareholders.
The Board's Opinion:
The Board of directors has considered and recommended the
acknowledgement of the minutes of meeting of the 2008 Annual General
Meeting of shareholders dated April 28th,2008.
Agenda No. 2: To consider the Company's operation results and to
approve Balance Sheet and Profit & Loss Statement for the year 2008.
The Board's Opinion:
The Board of Directors has considered and recommended the
acknowledgement of the Company's operation and also approved Balance
Sheet and Profit & Loss Statement for the year 2008, which has been
reviewed by the certified public accountant.
Agenda No. 3: To consider approval of the appropriation of profit
and dividends payment omission.
The Board's Opinion:
The Board of Directors has considered that there is no profit to
appropriate and the operation results of the Company are reported as
loss. Therefore, it is recommended that dividends payment for the
year 2008 shall be omitted.
Agenda No. 4: To consider the election of new directors in place of
those retiring according to expiration of their terms.
The Board's Opinion:
The Board of Directors have considered and recommended to submit the
name of these 4 directors, whose term were expired to be re-elected
to serve as directors for another term as follows:
1. Mr. Methawee Laowiwatwong
2. Mr. Natchana Phenjati
3. Mr. Voravat Tantranont
4. Mr. Krit Phunratanamala
Agenda No. 5: To consider the remuneration of directors for the year
2009.The Board's Opinion:
The Board of Directors has considered and recommended that the
shareholders consider and approve the remuneration of directors to
be 10,000.- Baht per month per person at the same rate with last
year for attending the meeting.
Agenda No. 6: To consider the appointment of the Company's auditors
and fix their remuneration of the year 2009.
The Board's Opinion:
The Board of Directors has considered and recommended Karin Audit
Co., Ltd. with Mr.Jadesada Hungsapruek certified public accountant
registration no. 3759 and/or Grand Audit Co., Ltd. with
Mr. Chanankorn Sathiraprapakul certified public accountant
registration no. 6554 to be the Company's auditor and to prepare
financial report and fix the remuneration for auditing at Baht
812,000.- (Eight hundred and twelve thousand Baht).
Agenda No. 7: To consider other matters (if any).
Please be informed accordingly.
Yours Sincerely,
Miss Paweena Laowiwatwong
Chairman of the Executive Board of Directors
The Union Mosaic Industry Public Company Ltd.
