26 October 2011
Informing of Progress on MCOT's Action in Compliance with Finance Ministry
Please refer to the letter of Ministry of Finance No. 086.1/18662 dated October
19, 2011 addressed to the Chairman of MCOT Public Company Limited (MCOT Plc.)
requesting for
Extraordinary General Meeting of MCOT's Shareholders to consider as follows:
1. Acknowledgment of the operations and management of MCOT Directors from
January, 2011 - present and the facts of several complaints and issues
appearing in the media;
2. Removal of every member of the Board by individually voting;
3. Appointment of new directors to replace those who are removed;
4. Revision on authorized directors to sign on behalf of the Company;
5. Other agenda proposed by shareholders to the Meeting according to the law.
In this regard, MCOT Plc. has submitted a letter No.6100/3406 dated October 20,
2011 to Finance Minister inquiring some information. Consequently, the Ministry
of Finance has issued a letter dated October 25, 2011 answering our inquiries.
In this connection, our company will organize MCOT Board of Directors'' Meeting
next week in order to proceed with the call for the Extraordinary
Shareholders' Meeting in accordance with the law.
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