Capital Increase & EGM No.1/2010

BackFeb 02, 2010

-Translation -

RPC/HO-SET/ELCID-0001/10

2 February 2010

Re: The Capital Increase and the Extraordinary Meeting of Shareholders No.1/2010

To: President and Managing Director The Stock Exchange of Thailand

Enclosures: 1. Form 53-4 (Report on Increase of Register Capital form)
2. Report of Connected Transactions

The Resolutions from Rayong Purifier Public Company Limited's ("Company") Board of Directors' Meeting No.1/2010 held on Monday, February 1, 2010 at 13:30 - 17:40 hrs.at the Company's Head Office, 14th Floor Shinawatra Tower III, 1010 Viphavadi Rangsit Road, Chatuchak, Bangkok are as follows :

  1. Approved the resale of the Repurchased Ordinary Share (Treasury Stock) totaling 46,706,900 shares by PO (Public Offering) or issuance of TDR (Taiwan Depositary Receipts) in Taiwan, to comply with the rules and regulations of Thai SEC.,Taiwan SEC.,and other relevant authorities. The Offering Price shall not be lower than 90% of the average market price of the past 15 days prior to the date the Board of Directors ("Board") resolved to offer the newly issued Ordinary Shares. The Board will be responsible for the PO.

  2. Approved the issuance of not more than 273 million New Ordinary Shares (Increase the Registered Capital from 529,870,229 Baht to not more than 802,870,229 Baht).The offering will be in form of PP (Private Placement) or PO (Public Offering) or TDR (Taiwan Depositary Receipts). The Capital Increase shall commence after or simultaneously of the completion of the repurchased shares (Treasury Stock) resale. The Offering Price shall not be lower than 90% of the average market price of the past 15 days prior to the date the Board resolved to offer the newly issued Ordinary Shares and request the shareholders to authorize the Board to proceed with the offering.

  3. Approved the date of the Extraordinary Meeting of Shareholders No.1/2010 to be on Friday, March 5, 2010 at 13.30 hrs. at Swissotel Le Concorde Hotel, 204 Rachadapisek Road, Huay Kwang, Bangkok. The shareholders eligible to participate and vote (Record Date) are shareholder as of February 16, 2009 and to compile the list of eligible shareholders under Section 225 of the Securities and Exchange Act 2535 (amended in 2551) by means of Share Register Book closure and suspension of share transfer on February 17,2010.

  4. Approved the Agenda of the Extraordinary Meeting of Shareholders No.1/2010 as follows:

    Agenda 1 To adopt the minutes of the Annual General Meeting of Shareholders for the year 2009 held on April 7, 2009;

    Agenda 2 To approve the increase of 273 million Ordinary Shares and Authorize the Board of Directors to be responsible for the Offering Price, type of Offering and to proceed with the offering;

    Agenda 3 To consider and approve the amendment of Clause 4 of the Company's Memorandum of Association to be in line with the increase of the Company's Registered Capital;

    Agenda 4 Other Business (if any)

Yours Sincerely,

 

(Siraporn Krishnakan)
Assistant Managing Director

Investor Relations/ Managing Director Office
E-mail : ir@rpcthai.com Tel 0-2515-8623

Attachments

  • 2010-02-02_RPC_3_EN.pdf (Size: 35,384 bytes)