Reports to the Stock Exchange
Report of Resolutions of the Extraordinary General Meeting of Shareholders No. 1/2011
Resolution of securities holders
Subject : Shareholders meeting's resolution
Meeting date : 22-Sep-2011
Meeting's resolution : Accordingly approved with board's
resolution
Remark :
Ref.No.IVL 005/09/2011
22 September 2011
President
The Stock Exchange of Thailand
Subject: Report of Resolutions of the Extraordinary General Meeting of
Shareholders No. 1/2011
Indorama Ventures Public Company Limited ("IVL") held the Extraordinary General
Meeting of Shareholders No. 1/2011 on 22 September 2011 at 9.30 a.m., at Ath?n?e
Crystal B, Level 03, Ath?n?e Tower, Plaza Ath?n?e Bangkok A Royal M?ridien
Hotel, No. 61, Wireless Road, Bangkok 10330. The meeting started with 1,092
shareholders, representing 4,211,151,195 shares, equivalent to 87.47 percent.
The Meeting passed the resolutions as follows;
1. Approved the Minutes of the Annual General Meeting of Shareholders No. 1/2011
held on 27 April 2011, with the majority votes of the shareholders and proxy
holders attending the Meeting and casting their votes as follows:
Approved 4,212,787,795 votes, equivalent to 100.00 percent
Disapproved - votes, equivalent to - percent
Abstained - votes, equivalent to - percent
2. Approved the issuance and offering of debenture with details as follows:
Type of Debenture: All types of debentures, with and/or without name
registered, secured and/or unsecured debentures, with and/or without debenture
holders' representative, subordinated debentures and/or unsubordinated
debentures, depending on the market conditions at the time of offering.
Size of Debenture: In an amount not exceeding Baht 25,000 million by issuing
either single or multiple offerings
Denomination: In Baht and/or the equivalent in other currencies
Interest Rate: Depending on market conditions at the time of offering
Maturity: Not exceeding 15 years from the issuing date of each issuance
Debenture Redemption: Debenture holders and/or the Company might have or might
not have the right to redeem debentures prior to maturity, depending on the
terms and conditions of each issuance of debentures.
Offering: To be offered domestically and/or internationally to the public,
and/or in a private placement, and/or to high net worth investors, and/or to
local institutional investors, and/or to foreign institutional investors in
accordance with the regulations of the Capital Market Supervisory Board and/or
other relevant regulations which are in force during the issuance of debentures.
Special Conditions: In the case that the Company redeems or repays debentures,
the Company will be entitled to re-issue debentures to replace those that are
redeemed or repaid (revolving basis), provided that such reissuance, when
combined with other outstanding debentures, does not cause the aggregate amount
to exceed the maximum amount of debentures approved.
Further the Shareholders Meeting approved the Board of Directors and/or any
Executive Director and/or Group CEO and/or any person designated by the Board of
Directors of the Company and/or any Executive Director and/or Group CEO are
authorized to determine any conditions and other details necessary for and
pertinent to the issuance and offering for sale of the debentures, such as the
determination of the name, offering amount each time, type, security (if any),
offering price per unit, term, maturity period, redemption period, right of
early redemption, interest rate, principal repayment method, allocation method,
details of offering, etc., as well as to arrange for the registration of such
debentures with the Thai Bond Market Association or any other secondary market
and the appointment of a financial advisor, underwriter, rating agency, asset
appraiser, legal advisor, registrar, debentureholders' representative or other
relevant advisors or any persons who are relevant to the issuance and offer for
sale of debentures, and to enter into, agree upon, sign any documents and other
relevant agreements as well as to contact, provide information, submit
applications to the Office of the Securities and Exchange Commission or other
relevant authorities and take any action necessary for and pertinent to the
issuance of the debentures.
The Meeting approved with the votes of more than three-fourths of the total
number of votes of shareholders and proxy holders attending the Meeting and
casting their votes as follows:
Approved 4,172,552,047 votes, equivalent to 98.98 percent
Disapproved 22,047,822 votes, equivalent to 0.52 percent
Abstained 20,967,100 votes, equivalent to 0.50 percent
Please be informed accordingly.
Sincerely yours,
(Mr. Souvik Roy Chowdhury)
Company Secretary
______________________________________________________________________
Subject : Shareholders meeting's resolution
Meeting date : 22-Sep-2011
Meeting's resolution : Accordingly approved with board's
resolution
Remark :
Ref.No.IVL 005/09/2011
22 September 2011
President
The Stock Exchange of Thailand
Subject: Report of Resolutions of the Extraordinary General Meeting of
Shareholders No. 1/2011
Indorama Ventures Public Company Limited ("IVL") held the Extraordinary General
Meeting of Shareholders No. 1/2011 on 22 September 2011 at 9.30 a.m., at Ath?n?e
Crystal B, Level 03, Ath?n?e Tower, Plaza Ath?n?e Bangkok A Royal M?ridien
Hotel, No. 61, Wireless Road, Bangkok 10330. The meeting started with 1,092
shareholders, representing 4,211,151,195 shares, equivalent to 87.47 percent.
The Meeting passed the resolutions as follows;
1. Approved the Minutes of the Annual General Meeting of Shareholders No. 1/2011
held on 27 April 2011, with the majority votes of the shareholders and proxy
holders attending the Meeting and casting their votes as follows:
Approved 4,212,787,795 votes, equivalent to 100.00 percent
Disapproved - votes, equivalent to - percent
Abstained - votes, equivalent to - percent
2. Approved the issuance and offering of debenture with details as follows:
Type of Debenture: All types of debentures, with and/or without name
registered, secured and/or unsecured debentures, with and/or without debenture
holders' representative, subordinated debentures and/or unsubordinated
debentures, depending on the market conditions at the time of offering.
Size of Debenture: In an amount not exceeding Baht 25,000 million by issuing
either single or multiple offerings
Denomination: In Baht and/or the equivalent in other currencies
Interest Rate: Depending on market conditions at the time of offering
Maturity: Not exceeding 15 years from the issuing date of each issuance
Debenture Redemption: Debenture holders and/or the Company might have or might
not have the right to redeem debentures prior to maturity, depending on the
terms and conditions of each issuance of debentures.
Offering: To be offered domestically and/or internationally to the public,
and/or in a private placement, and/or to high net worth investors, and/or to
local institutional investors, and/or to foreign institutional investors in
accordance with the regulations of the Capital Market Supervisory Board and/or
other relevant regulations which are in force during the issuance of debentures.
Special Conditions: In the case that the Company redeems or repays debentures,
the Company will be entitled to re-issue debentures to replace those that are
redeemed or repaid (revolving basis), provided that such reissuance, when
combined with other outstanding debentures, does not cause the aggregate amount
to exceed the maximum amount of debentures approved.
Further the Shareholders Meeting approved the Board of Directors and/or any
Executive Director and/or Group CEO and/or any person designated by the Board of
Directors of the Company and/or any Executive Director and/or Group CEO are
authorized to determine any conditions and other details necessary for and
pertinent to the issuance and offering for sale of the debentures, such as the
determination of the name, offering amount each time, type, security (if any),
offering price per unit, term, maturity period, redemption period, right of
early redemption, interest rate, principal repayment method, allocation method,
details of offering, etc., as well as to arrange for the registration of such
debentures with the Thai Bond Market Association or any other secondary market
and the appointment of a financial advisor, underwriter, rating agency, asset
appraiser, legal advisor, registrar, debentureholders' representative or other
relevant advisors or any persons who are relevant to the issuance and offer for
sale of debentures, and to enter into, agree upon, sign any documents and other
relevant agreements as well as to contact, provide information, submit
applications to the Office of the Securities and Exchange Commission or other
relevant authorities and take any action necessary for and pertinent to the
issuance of the debentures.
The Meeting approved with the votes of more than three-fourths of the total
number of votes of shareholders and proxy holders attending the Meeting and
casting their votes as follows:
Approved 4,172,552,047 votes, equivalent to 98.98 percent
Disapproved 22,047,822 votes, equivalent to 0.52 percent
Abstained 20,967,100 votes, equivalent to 0.50 percent
Please be informed accordingly.
Sincerely yours,
(Mr. Souvik Roy Chowdhury)
Company Secretary
______________________________________________________________________