According to the Board of Directors Meeting of Internet Thailand Public Company Limited (the “Company”) held on 12 March 2020 which resolved to convene the 2020 Annual General Meeting of Shareholders (AGM) on Wednesday, April 22, 2020, at 1.30 p.m. at INET Hall, IT Floor, Thai Summit Tower, Internet Thailand Public Company Limited, 1768 New Petchaburi Road, Bangkapi, Huai Khwang, Bangkok, , and already listed the shareholders entitled to attend in the meeting dated March 27, 2020, to consider the agendas as notified via the Stock Exchange of Thailand’s system on March 12, 2020.
Due to the Coronavirus 2019 (COVID-19) outbreak in Thailand which is considered a dangerous communicable disease according to communicable Disease Act B.E.2558, and could cover wider range and the unpredictability of the epidemic intensity at the time of the 2020 Annual General Meeting, The government announced an emergency situation, to abstain from activities involving gatherings, which may promote person-to-person transmission of the virus, based on the aforementioned reasons, so The Board of Directors therefore held a meeting No.4/2020 on March 31, 2020 has passed the resolutions as follows:
1. To postpone the 2020 Annual General Meeting of Shareholders indefinitely by canceling the meeting date, the agendas of the 2020 Annual General Meeting of Shareholders as stated above and the cancellation of the record date, previously scheduled on 27 March 2020, on which the shareholders entitled to attend the 2020 AGM (Record date). The Board of Directors will consider the date, the venue, and agendas of the 2020 Annual General Meeting of Shareholders including the date to specify the list of shareholders entitled to attend (Record Date) at the appropriate time when the situation has been resolved. The Company will then inform the shareholders accordingly.
However, the postponing of the 2020 Annual General Meeting of Shareholders will not affect the operations of the Company significantly.
2. The company still stop paying dividends for the year 2019 according to the resolution of the Board of directors Meeting no.3/2020 held on 12th March 2020.
The Company apologizes for the short notice of this announcement on the postponement of the 2020 Annual General Meeting of Shareholders due to the previously mention reasons. In the meantime, the Company will continue to closely monitor the COVID-19outbreak and will consider options for convening Annual General Meeting of Shareholders by other means that are legally allowed so that the meeting can be held as soon as possible.