Pranda organized the annual general meeting of shareholders 2019

On Thursday, July 16, 2020. Pranda Jewelry Public Company Limited organized the annual general meeting of shareholders for the year 2019. Leading by Mr. Prida Tiasuwan, Board Chairman along with Board of Directors, Board of Advisors and Executives to be informed about the annual report 2019 to be informed about the annual report 2019, to consider the financial and income statements and to consider the dividend payment from the retained earnings of the company using the net profit from the year 2012. However, the meeting passed a resolution not to approve due to the COVID-19 outbreak which affected the company. Shareholders mostly wanted the company to maintain sufficient liquidity to continue business operations. They, therefore, voted not to pay dividends and considered the proposal of the directors who retired by rotation and to be re-elected as a director for another term. They also considered and approved the remuneration of the Board of Directors for the year 2020, the appointment of auditors for year 2020 and the amendment to the company’s articles of association. This meeting provided information about the operation under the COVID-19 crisis and Pranda Group’s strategic planning to keep up with consumer behavior and needs in the COVID era. At the same time, the company emphasized confidence of the shareholders that the company’s business will have a great potential to grow in the future with the outstanding features that Pranda has including 1. The company’s business experience over the past 47 years 2. Loyal customers 3. Employee loyalty and expertise 4. The company’s products and raw materials are a value-added. In the meeting, the attendants followed the screening procedures strictly such as wearing a mask at all times, practicing social distancing and washing hands with sanitizer in order to prevent the spread of the Covid-19 and to ensure attendees’ safety. The meeting was held at Club Building, 1st floor, Pranda Jewelry Public Company Limited.